Monthly Rent Report
West Ridge Rent Report — March 2024
Asking rents in ZIP 60645, Chicago, from 282 listings.
Median 1BR rent in West Ridge was $1,465 in March 2024, down 18.6% (−$335) from February 2024 and up 22.1% year-over-year. The middle half of 1BR listings asked between $1,195 and $1,599. That puts West Ridge $40 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 282 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,075 | −$25 (-2.3%) | +$115 (+12.0%) | $1,050 – $1,100 | 4 |
| Studio | $1,050 | −$50 (-4.5%) | +$90 (+9.4%) | $1,050 – $1,063 | 4 |
| 1BR | $1,465 | −$335 (-18.6%) | +$265 (+22.1%) | $1,195 – $1,599 | 66 |
| 1BR | $1,100 | −$700 (-38.9%) | −$100 (-8.3%) | $1,048 – $1,470 | 7 |
| 2BR | $1,750 | +$175 (+11.1%) | +$175 (+11.1%) | $1,500 – $1,900 | 132 |
| 2BR | $1,400 | −$175 (-11.1%) | −$175 (-11.1%) | $1,250 – $1,550 | 9 |
| 3BR | $1,800 | −$600 (-25.0%) | −$2,000 (-52.6%) | $1,800 – $2,050 | 3 |
| 3BR | $2,395 | −$5 (-0.2%) | −$1,405 (-37.0%) | $1,875 – $2,500 | 50 |
| 4BR | $2,800 | −$200 (-6.7%) | −$1,000 (-26.3%) | $2,600 – $3,000 | 4 |
| 4BR | $1,500 | −$1,500 (-50.0%) | −$2,300 (-60.5%) | $1,500 – $1,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
West Ridge vs. Chicago — March 2024
| Bedrooms | West Ridge Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,075 | $1,225 | −$150 (-12.2%) |
| Studio | $1,050 | $1,225 | −$175 (-14.3%) |
| 1BR | $1,465 | $1,505 | −$39 (-2.6%) |
| 1BR | $1,100 | $1,505 | −$404 (-26.9%) |
| 2BR | $1,750 | $1,900 | −$150 (-7.9%) |
| 2BR | $1,400 | $1,900 | −$500 (-26.3%) |
| 3BR | $1,800 | $2,250 | −$450 (-20.0%) |
| 3BR | $2,395 | $2,250 | +$145 (+6.4%) |
| 4BR | $2,800 | $2,650 | +$150 (+5.7%) |
| 4BR | $1,500 | $2,650 | −$1,150 (-43.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.