Monthly Rent Report
West Ridge Rent Report — June 2023
Asking rents in ZIP 60645, Chicago, from 180 listings.
Median 1BR rent in West Ridge was $1,273 in June 2023, down 2.1% (−$27) from May 2023 and up 6.5% year-over-year. The middle half of 1BR listings asked between $1,120 and $1,395. That puts West Ridge $128 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 180 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,088 | +$63 (+6.1%) | +$138 (+14.5%) | $1,044 – $1,143 | 12 |
| Studio | $1,195 | +$170 (+16.6%) | +$245 (+25.8%) | $1,195 – $1,195 | 1 |
| 1BR | $1,273 | −$27 (-2.1%) | +$78 (+6.5%) | $1,120 – $1,395 | 38 |
| 1BR | $1,300 | $0 (0.0%) | +$105 (+8.8%) | $1,300 – $1,300 | 1 |
| 2BR | $1,400 | −$195 (-12.2%) | +$13 (+0.9%) | $1,400 – $1,400 | 1 |
| 2BR | $1,550 | −$45 (-2.8%) | +$163 (+11.7%) | $1,400 – $1,861 | 92 |
| 3BR | $3,000 | +$1,050 (+53.8%) | +$1,550 (+106.9%) | $3,000 – $3,000 | 1 |
| 3BR | $2,075 | +$125 (+6.4%) | +$625 (+43.1%) | $1,712 – $2,400 | 30 |
| 4BR | $2,400 | $0 (0.0%) | −$100 (-4.0%) | $2,400 – $2,675 | 3 |
| 4BR | $2,400 | $0 (0.0%) | −$100 (-4.0%) | $2,400 – $2,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
West Ridge vs. Chicago — June 2023
| Bedrooms | West Ridge Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,088 | $1,243 | −$155 (-12.5%) |
| Studio | $1,195 | $1,243 | −$47 (-3.8%) |
| 1BR | $1,273 | $1,400 | −$127 (-9.1%) |
| 1BR | $1,300 | $1,400 | −$100 (-7.1%) |
| 2BR | $1,400 | $1,700 | −$300 (-17.6%) |
| 2BR | $1,550 | $1,700 | −$150 (-8.8%) |
| 3BR | $3,000 | $2,275 | +$725 (+31.9%) |
| 3BR | $2,075 | $2,275 | −$200 (-8.8%) |
| 4BR | $2,400 | $2,500 | −$100 (-4.0%) |
| 4BR | $2,400 | $2,500 | −$100 (-4.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.