Monthly Rent Report
West Ridge Rent Report — October 2023
Asking rents in ZIP 60645, Chicago, from 64 listings.
Median 1BR rent in West Ridge was $1,608 in October 2023, up 34.5% (+$413) from September 2023 and up 14.8% year-over-year. The middle half of 1BR listings asked between $1,554 and $1,661. That puts West Ridge $133 above the Chicago citywide 1BR median of $1,475. The month's figures are based on 64 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,095 | +$20 (+1.9%) | +$140 (+14.7%) | $1,095 – $1,095 | 1 |
| Studio | $950 | −$125 (-11.6%) | −$5 (-0.5%) | $950 – $973 | 3 |
| 1BR | $1,608 | +$413 (+34.5%) | +$208 (+14.8%) | $1,554 – $1,661 | 2 |
| 1BR | $1,600 | +$405 (+33.9%) | +$200 (+14.3%) | $1,200 – $1,695 | 26 |
| 2BR | $1,925 | +$275 (+16.7%) | +$178 (+10.2%) | $1,663 – $2,150 | 4 |
| 2BR | $1,200 | −$450 (-27.3%) | −$547 (-31.3%) | $1,200 – $1,200 | 1 |
| 3BR | $2,395 | −$455 (-16.0%) | +$420 (+21.3%) | $2,300 – $3,200 | 7 |
| 3BR | $2,400 | −$450 (-15.8%) | +$425 (+21.5%) | $2,350 – $2,450 | 2 |
| 4BR | $2,700 | — | −$1,100 (-28.9%) | $2,695 – $2,838 | 7 |
| 4BR | $2,975 | — | −$825 (-21.7%) | $2,550 – $2,975 | 7 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
West Ridge vs. Chicago — October 2023
| Bedrooms | West Ridge Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,095 | $1,200 | −$105 (-8.8%) |
| Studio | $950 | $1,200 | −$250 (-20.8%) |
| 1BR | $1,608 | $1,475 | +$133 (+9.0%) |
| 1BR | $1,600 | $1,475 | +$125 (+8.5%) |
| 2BR | $1,925 | $1,800 | +$125 (+6.9%) |
| 2BR | $1,200 | $1,800 | −$600 (-33.3%) |
| 3BR | $2,395 | $2,450 | −$55 (-2.2%) |
| 3BR | $2,400 | $2,450 | −$50 (-2.0%) |
| 4BR | $2,700 | $2,575 | +$125 (+4.9%) |
| 4BR | $2,975 | $2,575 | +$400 (+15.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.