Monthly Rent Report
West Ridge Rent Report — November 2023
Asking rents in ZIP 60645, Chicago, from 40 listings.
Median 1BR rent in West Ridge was $1,700 in November 2023, up 6.3% (+$100) from October 2023 and up 42.3% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts West Ridge $197 above the Chicago citywide 1BR median of $1,504. The month's figures are based on 40 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | +$300 (+31.6%) | +$400 (+47.1%) | $1,250 – $1,250 | 1 |
| Studio | $1,095 | +$145 (+15.3%) | +$245 (+28.8%) | $1,095 – $1,150 | 7 |
| 1BR | $1,700 | +$100 (+6.3%) | +$505 (+42.3%) | $1,700 – $1,700 | 1 |
| 1BR | $1,495 | −$105 (-6.6%) | +$300 (+25.1%) | $1,495 – $1,495 | 1 |
| 2BR | $1,660 | +$460 (+38.3%) | −$338 (-16.9%) | $1,514 – $1,805 | 2 |
| 2BR | $1,500 | +$300 (+25.0%) | −$497 (-24.9%) | $1,500 – $1,500 | 2 |
| 3BR | $2,400 | $0 (0.0%) | +$300 (+14.3%) | $2,250 – $2,450 | 3 |
| 3BR | $2,000 | −$400 (-16.7%) | −$100 (-4.8%) | $1,975 – $2,000 | 4 |
| 4BR | $2,500 | −$475 (-16.0%) | $0 (0.0%) | $2,500 – $2,500 | 1 |
| 4BR | $2,650 | −$325 (-10.9%) | +$150 (+6.0%) | $2,600 – $2,931 | 14 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
West Ridge vs. Chicago — November 2023
| Bedrooms | West Ridge Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,160 | +$90 (+7.8%) |
| Studio | $1,095 | $1,160 | −$65 (-5.6%) |
| 1BR | $1,700 | $1,504 | +$197 (+13.1%) |
| 1BR | $1,495 | $1,504 | −$8 (-0.6%) |
| 2BR | $1,660 | $1,800 | −$140 (-7.8%) |
| 2BR | $1,500 | $1,800 | −$300 (-16.7%) |
| 3BR | $2,400 | $2,298 | +$103 (+4.5%) |
| 3BR | $2,000 | $2,298 | −$297 (-12.9%) |
| 4BR | $2,500 | $2,750 | −$250 (-9.1%) |
| 4BR | $2,650 | $2,750 | −$100 (-3.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.