Monthly Rent Report
West Ridge Rent Report — February 2024
Asking rents in ZIP 60645, Chicago, from 148 listings.
Median 1BR rent in West Ridge was $1,800 in February 2024, up 12.9% (+$205) from January 2024 and up 38.5% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts West Ridge $300 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 148 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | +$50 (+4.8%) | +$100 (+10.0%) | $1,100 – $1,213 | 7 |
| Studio | $875 | −$175 (-16.7%) | −$125 (-12.5%) | $875 – $875 | 1 |
| 1BR | $1,800 | +$205 (+12.9%) | +$500 (+38.5%) | $1,800 – $1,800 | 1 |
| 1BR | $1,300 | −$295 (-18.5%) | $0 (0.0%) | $1,195 – $1,550 | 73 |
| 2BR | $2,200 | −$150 (-6.4%) | +$725 (+49.2%) | $2,200 – $2,200 | 1 |
| 2BR | $1,575 | −$775 (-33.0%) | +$100 (+6.8%) | $1,575 – $1,575 | 1 |
| 3BR | $2,400 | $0 (0.0%) | −$1,500 (-38.5%) | $2,100 – $2,500 | 53 |
| 3BR | $1,800 | −$600 (-25.0%) | −$2,100 (-53.8%) | $1,700 – $2,175 | 3 |
| 4BR | $3,000 | +$525 (+21.2%) | +$1 (+0.0%) | $3,000 – $3,000 | 1 |
| 4BR | $3,000 | +$525 (+21.2%) | +$1 (+0.0%) | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
West Ridge vs. Chicago — February 2024
| Bedrooms | West Ridge Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,211 | −$111 (-9.2%) |
| Studio | $875 | $1,211 | −$336 (-27.8%) |
| 1BR | $1,800 | $1,500 | +$300 (+20.0%) |
| 1BR | $1,300 | $1,500 | −$200 (-13.3%) |
| 2BR | $2,200 | $1,813 | +$388 (+21.4%) |
| 2BR | $1,575 | $1,813 | −$237 (-13.1%) |
| 3BR | $2,400 | $2,300 | +$100 (+4.3%) |
| 3BR | $1,800 | $2,300 | −$500 (-21.7%) |
| 4BR | $3,000 | $2,792 | +$209 (+7.5%) |
| 4BR | $3,000 | $2,792 | +$209 (+7.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.