Monthly Rent Report
West Ridge Rent Report — October 2024
Asking rents in ZIP 60645, Chicago, from 32 listings.
Median 1BR rent in West Ridge was $1,425 in October 2024, down 8.1% (−$125) from September 2024 and down 11.4% year-over-year. The middle half of 1BR listings asked between $1,320 and $1,463. That puts West Ridge in line with the Chicago citywide 1BR median of $1,437. The month's figures are based on 32 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $795 | −$655 (-45.2%) | −$155 (-16.3%) | $795 – $795 | 1 |
| Studio | $1,400 | −$50 (-3.4%) | +$450 (+47.4%) | $1,400 – $1,400 | 1 |
| 1BR | $1,425 | −$125 (-8.1%) | −$182 (-11.4%) | $1,320 – $1,463 | 3 |
| 1BR | $900 | −$650 (-41.9%) | −$707 (-44.0%) | $900 – $1,006 | 4 |
| 2BR | $1,100 | −$800 (-42.1%) | −$825 (-42.9%) | $1,100 – $1,400 | 7 |
| 2BR | $2,200 | +$300 (+15.8%) | +$275 (+14.3%) | $2,200 – $2,200 | 1 |
| 3BR | $1,850 | −$500 (-21.3%) | −$545 (-22.8%) | $1,850 – $1,850 | 1 |
| 3BR | $2,350 | $0 (0.0%) | −$45 (-1.9%) | $2,350 – $2,395 | 13 |
| 4BR | $2,595 | +$120 (+4.8%) | −$380 (-12.8%) | $2,595 – $2,595 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
West Ridge vs. Chicago — October 2024
| Bedrooms | West Ridge Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $795 | $1,298 | −$502 (-38.7%) |
| Studio | $1,400 | $1,298 | +$103 (+7.9%) |
| 1BR | $1,425 | $1,437 | −$11 (-0.8%) |
| 1BR | $900 | $1,437 | −$536 (-37.3%) |
| 2BR | $1,100 | $1,770 | −$669 (-37.8%) |
| 2BR | $2,200 | $1,770 | +$431 (+24.3%) |
| 3BR | $1,850 | $2,305 | −$455 (-19.7%) |
| 3BR | $2,350 | $2,305 | +$45 (+2.0%) |
| 4BR | $2,595 | $2,995 | −$400 (-13.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.