Monthly Rent Report
Wicker Park Rent Report — May 2022
Asking rents in ZIP 60622, Chicago, from 38 listings.
Median 1BR rent in Wicker Park was $1,575 in May 2022, down 22.6% (−$460) from April 2022 and down 28.1% year-over-year. The middle half of 1BR listings asked between $1,463 and $1,706. That puts Wicker Park $278 above the Chicago citywide 1BR median of $1,298. The month's figures are based on 38 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | +$20 (+1.6%) | −$481 (-27.1%) | $1,295 – $1,295 | 1 |
| 1BR | $1,575 | −$460 (-22.6%) | −$617 (-28.1%) | $1,463 – $1,706 | 4 |
| 1BR | $1,895 | −$140 (-6.9%) | −$297 (-13.5%) | $1,895 – $1,895 | 6 |
| 2BR | $3,200 | +$1,050 (+48.8%) | +$705 (+28.3%) | $3,200 – $3,200 | 1 |
| 2BR | $1,975 | −$175 (-8.1%) | −$520 (-20.8%) | $1,875 – $2,800 | 13 |
| 3BR | $3,200 | +$800 (+33.3%) | −$4,800 (-60.0%) | $3,200 – $3,200 | 1 |
| 3BR | $2,688 | +$288 (+12.0%) | −$5,312 (-66.4%) | $2,100 – $3,525 | 8 |
| 4BR | $3,350 | +$250 (+8.1%) | +$150 (+4.7%) | $3,350 – $3,350 | 1 |
| 4BR | $4,000 | +$900 (+29.0%) | +$800 (+25.0%) | $4,000 – $4,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Wicker Park vs. Chicago — May 2022
| Bedrooms | Wicker Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,050 | +$245 (+23.3%) |
| 1BR | $1,575 | $1,298 | +$278 (+21.4%) |
| 1BR | $1,895 | $1,298 | +$598 (+46.1%) |
| 2BR | $3,200 | $1,599 | +$1,601 (+100.2%) |
| 2BR | $1,975 | $1,599 | +$376 (+23.5%) |
| 3BR | $3,200 | $2,100 | +$1,100 (+52.4%) |
| 3BR | $2,688 | $2,100 | +$588 (+28.0%) |
| 4BR | $3,350 | $2,600 | +$750 (+28.8%) |
| 4BR | $4,000 | $2,600 | +$1,400 (+53.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2022.