Monthly Rent Report
West Ridge Rent Report — June 2024
Asking rents in ZIP 60645, Chicago, from 609 listings.
Median 1BR rent in West Ridge was $1,450 in June 2024, up 9.4% (+$125) from May 2024 and up 11.5% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,450. That puts West Ridge $49 below the Chicago citywide 1BR median of $1,499. The month's figures are based on 609 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,050 | −$645 (-38.1%) | −$145 (-12.1%) | $1,050 – $1,050 | 1 |
| Studio | $1,000 | −$695 (-41.0%) | −$195 (-16.3%) | $950 – $1,050 | 17 |
| 1BR | $1,450 | +$125 (+9.4%) | +$150 (+11.5%) | $1,450 – $1,450 | 1 |
| 1BR | $1,400 | +$75 (+5.7%) | +$100 (+7.7%) | $1,275 – $1,498 | 179 |
| 2BR | $1,575 | −$25 (-1.6%) | +$175 (+12.5%) | $1,563 – $1,588 | 2 |
| 2BR | $1,775 | +$175 (+10.9%) | +$375 (+26.8%) | $1,550 – $1,895 | 284 |
| 3BR | $2,563 | +$415 (+19.3%) | −$437 (-14.6%) | $2,544 – $2,581 | 2 |
| 3BR | $2,395 | +$248 (+11.5%) | −$605 (-20.2%) | $2,100 – $2,600 | 113 |
| 4BR | $2,500 | −$50 (-2.0%) | +$100 (+4.2%) | $2,450 – $3,596 | 8 |
| 4BR | $2,595 | +$45 (+1.8%) | +$195 (+8.1%) | $2,495 – $2,695 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
West Ridge vs. Chicago — June 2024
| Bedrooms | West Ridge Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,050 | $1,149 | −$99 (-8.6%) |
| Studio | $1,000 | $1,149 | −$149 (-13.0%) |
| 1BR | $1,450 | $1,499 | −$49 (-3.3%) |
| 1BR | $1,400 | $1,499 | −$99 (-6.6%) |
| 2BR | $1,575 | $1,899 | −$324 (-17.1%) |
| 2BR | $1,775 | $1,899 | −$124 (-6.5%) |
| 3BR | $2,563 | $2,395 | +$168 (+7.0%) |
| 3BR | $2,395 | $2,395 | $0 (0.0%) |
| 4BR | $2,500 | $2,698 | −$197 (-7.3%) |
| 4BR | $2,595 | $2,698 | −$102 (-3.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.