Monthly Rent Report
West Ridge Rent Report — September 2023
Asking rents in ZIP 60645, Chicago, from 40 listings.
Median 1BR rent in West Ridge was $1,195 in September 2023, down 29.7% (−$505) from August 2023 and down 0.4% year-over-year. The middle half of 1BR listings asked between $1,138 and $1,213. That puts West Ridge $255 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 40 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,075 | −$135 (-11.2%) | +$160 (+17.5%) | $1,013 – $1,138 | 2 |
| Studio | $1,200 | −$10 (-0.8%) | +$285 (+31.1%) | $1,200 – $1,200 | 1 |
| 1BR | $1,195 | −$505 (-29.7%) | −$5 (-0.4%) | $1,138 – $1,213 | 7 |
| 1BR | $1,600 | −$100 (-5.9%) | +$400 (+33.3%) | $1,600 – $1,600 | 1 |
| 2BR | $1,460 | −$278 (-16.0%) | +$210 (+16.8%) | $1,364 – $1,563 | 4 |
| 2BR | $1,650 | −$87 (-5.0%) | +$400 (+32.0%) | $1,180 – $2,005 | 15 |
| 3BR | $2,850 | $0 (0.0%) | +$900 (+46.2%) | $2,850 – $2,850 | 1 |
| 3BR | $1,450 | −$1,400 (-49.1%) | −$500 (-25.6%) | $1,450 – $2,600 | 9 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
West Ridge vs. Chicago — September 2023
| Bedrooms | West Ridge Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,075 | $1,238 | −$162 (-13.1%) |
| Studio | $1,200 | $1,238 | −$37 (-3.0%) |
| 1BR | $1,195 | $1,450 | −$255 (-17.6%) |
| 1BR | $1,600 | $1,450 | +$150 (+10.3%) |
| 2BR | $1,460 | $1,738 | −$278 (-16.0%) |
| 2BR | $1,650 | $1,738 | −$87 (-5.0%) |
| 3BR | $2,850 | $2,327 | +$523 (+22.5%) |
| 3BR | $1,450 | $2,327 | −$877 (-37.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.