Monthly Rent Report
River North Rent Report — November 2024
Asking rents in ZIP 60654, Chicago, from 52 listings.
Median 1BR rent in River North was $3,478 in November 2024, up 45.2% (+$1,083) from October 2024 and up 18.1% year-over-year. The middle half of 1BR listings asked between $3,308 and $3,529. That puts River North $1,903 above the Chicago citywide 1BR median of $1,575. The month's figures are based on 52 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,137 | +$189 (+9.7%) | +$120 (+6.0%) | $2,045 – $2,224 | 4 |
| 1BR | $3,478 | +$1,083 (+45.2%) | +$534 (+18.1%) | $3,308 – $3,529 | 4 |
| 1BR | $2,989 | +$594 (+24.8%) | +$45 (+1.5%) | $2,526 – $3,034 | 13 |
| 2BR | $3,250 | −$290 (-8.2%) | +$250 (+8.3%) | $3,000 – $4,131 | 20 |
| 2BR | $3,986 | +$446 (+12.6%) | +$986 (+32.9%) | $3,967 – $4,004 | 2 |
| 3BR | $5,391 | −$5,274 (-49.5%) | −$339 (-5.9%) | $5,363 – $5,418 | 2 |
| 3BR | $5,391 | −$5,274 (-49.5%) | −$339 (-5.9%) | $5,363 – $5,418 | 2 |
| 4BR | $9,495 | +$4,595 (+93.8%) | +$3,401 (+55.8%) | $9,495 – $9,495 | 2 |
| 4BR | $9,495 | +$4,595 (+93.8%) | +$3,401 (+55.8%) | $9,495 – $9,495 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
River North vs. Chicago — November 2024
| Bedrooms | River North Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,137 | $1,292 | +$845 (+65.4%) |
| 1BR | $3,478 | $1,575 | +$1,903 (+120.8%) |
| 1BR | $2,989 | $1,575 | +$1,414 (+89.8%) |
| 2BR | $3,250 | $1,945 | +$1,305 (+67.1%) |
| 2BR | $3,986 | $1,945 | +$2,041 (+104.9%) |
| 3BR | $5,391 | $2,200 | +$3,191 (+145.0%) |
| 3BR | $5,391 | $2,200 | +$3,191 (+145.0%) |
| 4BR | $9,495 | $2,990 | +$6,505 (+217.6%) |
| 4BR | $9,495 | $2,990 | +$6,505 (+217.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2024.