Monthly Rent Report
West Ridge Rent Report — April 2023
Asking rents in ZIP 60645, Chicago, from 289 listings.
Median 1BR rent in West Ridge was $1,150 in April 2023, down 4.2% (−$50) from March 2023 and unchanged year-over-year. The middle half of 1BR listings asked between $1,066 and $1,244. That puts West Ridge $275 below the Chicago citywide 1BR median of $1,425. The month's figures are based on 289 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $980 | +$53 (+5.7%) | −$70 (-6.7%) | $951 – $1,000 | 8 |
| Studio | $980 | +$53 (+5.7%) | −$70 (-6.7%) | $951 – $1,000 | 8 |
| 1BR | $1,150 | −$50 (-4.2%) | $0 (0.0%) | $1,066 – $1,244 | 98 |
| 1BR | $1,400 | +$200 (+16.7%) | +$250 (+21.7%) | $1,400 – $1,400 | 1 |
| 2BR | $1,550 | −$25 (-1.6%) | +$150 (+10.7%) | $1,358 – $1,719 | 106 |
| 2BR | $1,300 | −$275 (-17.5%) | −$100 (-7.1%) | $1,300 – $1,300 | 1 |
| 3BR | $2,173 | −$1,627 (-42.8%) | +$423 (+24.1%) | $1,800 – $2,700 | 62 |
| 3BR | $2,300 | −$1,500 (-39.5%) | +$550 (+31.4%) | $2,300 – $2,300 | 3 |
| 4BR | $3,800 | $0 (0.0%) | — | $3,800 – $3,800 | 1 |
| 4BR | $3,800 | $0 (0.0%) | — | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
West Ridge vs. Chicago — April 2023
| Bedrooms | West Ridge Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $980 | $1,195 | −$215 (-18.0%) |
| Studio | $980 | $1,195 | −$215 (-18.0%) |
| 1BR | $1,150 | $1,425 | −$275 (-19.3%) |
| 1BR | $1,400 | $1,425 | −$25 (-1.8%) |
| 2BR | $1,550 | $1,725 | −$175 (-10.1%) |
| 2BR | $1,300 | $1,725 | −$425 (-24.6%) |
| 3BR | $2,173 | $2,300 | −$127 (-5.5%) |
| 3BR | $2,300 | $2,300 | $0 (0.0%) |
| 4BR | $3,800 | $2,597 | +$1,203 (+46.3%) |
| 4BR | $3,800 | $2,597 | +$1,203 (+46.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.