Monthly Rent Report

West Ridge Rent Report — July 2024

Asking rents in ZIP 60645, Chicago, from 92 listings.

Median 1BR rent in West Ridge was $1,795 in July 2024, up 23.8% (+$345) from June 2024 and up 50.2% year-over-year. The middle half of 1BR listings asked between $1,795 and $1,795. That puts West Ridge $235 above the Chicago citywide 1BR median of $1,560. The month's figures are based on 92 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2024Vs. July 2023P25–P75 RangeListings
Studio$1,050$0 (0.0%)−$50 (-4.5%)$1,050 – $1,0502
Studio$850−$200 (-19.0%)−$250 (-22.7%)$850 – $8502
1BR$1,795+$345 (+23.8%)+$600 (+50.2%)$1,795 – $1,7951
1BR$1,425−$25 (-1.7%)+$230 (+19.2%)$1,295 – $1,52551
2BR$1,320−$455 (-25.6%)−$555 (-29.6%)$1,320 – $1,3201
2BR$1,975+$200 (+11.3%)+$100 (+5.3%)$1,763 – $2,1882
3BR$2,200−$195 (-8.1%)−$200 (-8.3%)$2,050 – $2,52527
3BR$1,750−$645 (-26.9%)−$650 (-27.1%)$1,750 – $1,7503
4BR$2,795+$200 (+7.7%)−$180 (-6.1%)$2,795 – $2,7951
4BR$2,595$0 (0.0%)−$380 (-12.8%)$2,495 – $2,6952

Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.

West Ridge vs. ChicagoJuly 2024

BedroomsWest Ridge MedianChicago Citywide MedianDifference
Studio$1,050$1,218−$168 (-13.8%)
Studio$850$1,218−$368 (-30.2%)
1BR$1,795$1,560+$235 (+15.1%)
1BR$1,425$1,560−$135 (-8.7%)
2BR$1,320$1,805−$485 (-26.9%)
2BR$1,975$1,805+$170 (+9.4%)
3BR$2,200$2,363−$162 (-6.9%)
3BR$1,750$2,363−$612 (-25.9%)
4BR$2,795$2,789+$6 (+0.2%)
4BR$2,595$2,789−$194 (-7.0%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.

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