Monthly Rent Report
West Ridge Rent Report — April 2024
Asking rents in ZIP 60645, Chicago, from 191 listings.
Median 1BR rent in West Ridge was $1,300 in April 2024, down 11.3% (−$165) from March 2024 and down 7.1% year-over-year. The middle half of 1BR listings asked between $1,269 and $1,450. That puts West Ridge $200 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 191 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | −$80 (-7.4%) | +$15 (+1.5%) | $995 – $995 | 1 |
| Studio | $1,100 | +$25 (+2.3%) | +$120 (+12.2%) | $1,100 – $1,100 | 2 |
| 1BR | $1,300 | −$165 (-11.3%) | −$100 (-7.1%) | $1,269 – $1,450 | 108 |
| 1BR | $1,548 | +$83 (+5.6%) | +$148 (+10.5%) | $1,524 – $1,571 | 2 |
| 2BR | $2,475 | +$1,075 (+76.8%) | +$1,175 (+90.4%) | $2,475 – $2,475 | 1 |
| 2BR | $1,625 | +$225 (+16.1%) | +$325 (+25.0%) | $1,625 – $1,625 | 1 |
| 3BR | $2,398 | +$3 (+0.1%) | +$98 (+4.2%) | $2,100 – $2,600 | 62 |
| 3BR | $1,995 | −$400 (-16.7%) | −$305 (-13.3%) | $1,995 – $1,995 | 1 |
| 4BR | $2,663 | −$137 (-4.9%) | −$1,137 (-29.9%) | $2,594 – $2,731 | 2 |
| 4BR | $2,800 | $0 (0.0%) | −$1,000 (-26.3%) | $2,800 – $2,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
West Ridge vs. Chicago — April 2024
| Bedrooms | West Ridge Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,222 | −$227 (-18.6%) |
| Studio | $1,100 | $1,222 | −$122 (-10.0%) |
| 1BR | $1,300 | $1,500 | −$200 (-13.3%) |
| 1BR | $1,548 | $1,500 | +$48 (+3.2%) |
| 2BR | $2,475 | $1,850 | +$625 (+33.8%) |
| 2BR | $1,625 | $1,850 | −$225 (-12.2%) |
| 3BR | $2,398 | $2,300 | +$98 (+4.2%) |
| 3BR | $1,995 | $2,300 | −$305 (-13.3%) |
| 4BR | $2,663 | $2,800 | −$137 (-4.9%) |
| 4BR | $2,800 | $2,800 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.