Monthly Rent Report
West Ridge Rent Report — December 2023
Asking rents in ZIP 60645, Chicago, from 36 listings.
Median 1BR rent in West Ridge was $1,300 in December 2023, down 23.5% (−$400) from November 2023 and up 8.3% year-over-year. The middle half of 1BR listings asked between $1,245 and $1,350. That puts West Ridge $155 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 36 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,095 | $0 (0.0%) | +$245 (+28.8%) | $1,095 – $1,095 | 2 |
| Studio | $1,095 | $0 (0.0%) | +$245 (+28.8%) | $1,095 – $1,095 | 2 |
| 1BR | $1,300 | −$400 (-23.5%) | +$100 (+8.3%) | $1,245 – $1,350 | 3 |
| 1BR | $1,288 | −$412 (-24.3%) | +$88 (+7.3%) | $1,281 – $1,294 | 2 |
| 2BR | $1,500 | $0 (0.0%) | +$53 (+3.6%) | $1,500 – $1,500 | 1 |
| 2BR | $2,100 | +$600 (+40.0%) | +$653 (+45.1%) | $2,100 – $2,100 | 8 |
| 3BR | $2,400 | +$400 (+20.0%) | +$600 (+33.3%) | $2,400 – $2,400 | 1 |
| 3BR | $2,690 | +$690 (+34.5%) | +$890 (+49.4%) | $2,480 – $2,690 | 4 |
| 4BR | $2,450 | −$200 (-7.5%) | −$544 (-18.2%) | $2,450 – $2,450 | 1 |
| 4BR | $2,450 | −$200 (-7.5%) | −$544 (-18.2%) | $2,450 – $2,510 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
West Ridge vs. Chicago — December 2023
| Bedrooms | West Ridge Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,095 | $1,218 | −$122 (-10.1%) |
| Studio | $1,095 | $1,218 | −$122 (-10.1%) |
| 1BR | $1,300 | $1,455 | −$155 (-10.7%) |
| 1BR | $1,288 | $1,455 | −$167 (-11.5%) |
| 2BR | $1,500 | $1,800 | −$300 (-16.7%) |
| 2BR | $2,100 | $1,800 | +$300 (+16.7%) |
| 3BR | $2,400 | $2,472 | −$72 (-2.9%) |
| 3BR | $2,690 | $2,472 | +$218 (+8.8%) |
| 4BR | $2,450 | $2,630 | −$180 (-6.8%) |
| 4BR | $2,450 | $2,630 | −$180 (-6.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.