Monthly Rent Report
West Ridge Rent Report — July 2023
Asking rents in ZIP 60645, Chicago, from 78 listings.
Median 1BR rent in West Ridge was $1,380 in July 2023, up 6.2% (+$80) from June 2023 and up 15.5% year-over-year. The middle half of 1BR listings asked between $1,380 and $1,380. That puts West Ridge $70 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 78 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | +$13 (+1.1%) | +$125 (+12.8%) | $1,050 – $1,125 | 5 |
| Studio | $1,100 | +$13 (+1.1%) | +$125 (+12.8%) | $1,050 – $1,150 | 9 |
| 1BR | $1,380 | +$80 (+6.2%) | +$185 (+15.5%) | $1,380 – $1,380 | 1 |
| 1BR | $1,195 | −$105 (-8.1%) | $0 (0.0%) | $1,118 – $1,331 | 16 |
| 2BR | $1,550 | $0 (0.0%) | +$78 (+5.3%) | $1,471 – $1,795 | 24 |
| 2BR | $1,875 | +$325 (+21.0%) | +$403 (+27.3%) | $1,738 – $2,013 | 4 |
| 3BR | $2,400 | +$325 (+15.7%) | +$200 (+9.1%) | $2,100 – $2,700 | 2 |
| 3BR | $2,195 | +$120 (+5.8%) | −$5 (-0.2%) | $1,950 – $2,400 | 9 |
| 4BR | $2,400 | $0 (0.0%) | −$100 (-4.0%) | $2,400 – $2,400 | 1 |
| 4BR | $2,975 | +$575 (+24.0%) | +$475 (+19.0%) | $2,975 – $3,106 | 4 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
West Ridge vs. Chicago — July 2023
| Bedrooms | West Ridge Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,200 | −$100 (-8.3%) |
| Studio | $1,100 | $1,200 | −$100 (-8.3%) |
| 1BR | $1,380 | $1,450 | −$70 (-4.8%) |
| 1BR | $1,195 | $1,450 | −$255 (-17.6%) |
| 2BR | $1,550 | $1,795 | −$245 (-13.6%) |
| 2BR | $1,875 | $1,795 | +$80 (+4.5%) |
| 3BR | $2,400 | $2,273 | +$128 (+5.6%) |
| 3BR | $2,195 | $2,273 | −$77 (-3.4%) |
| 4BR | $2,400 | $2,709 | −$308 (-11.4%) |
| 4BR | $2,975 | $2,709 | +$267 (+9.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.