Monthly Rent Report

Wicker Park Rent Report — August 2022

Asking rents in ZIP 60622, Chicago, from 215 listings.

Median 1BR rent in Wicker Park was $2,000 in August 2022, up 25.0% (+$400) from July 2022 and up 0.3% year-over-year. The middle half of 1BR listings asked between $1,675 and $2,381. That puts Wicker Park $705 above the Chicago citywide 1BR median of $1,295. The month's figures are based on 215 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2022Vs. August 2021P25–P75 RangeListings
Studio$1,175−$1,075 (-47.8%)−$320 (-21.4%)$1,070 – $1,84135
Studio$2,038−$212 (-9.4%)+$543 (+36.3%)$1,981 – $2,0942
1BR$2,000+$400 (+25.0%)+$5 (+0.3%)$1,675 – $2,381127
1BR$1,375−$225 (-14.1%)−$620 (-31.1%)$1,281 – $1,4504
2BR$2,600+$200 (+8.3%)+$300 (+13.0%)$2,025 – $2,80011
2BR$2,175−$225 (-9.4%)−$125 (-5.4%)$2,163 – $2,1882
3BR$3,223+$475 (+17.3%)+$723 (+28.9%)$2,659 – $3,7862
3BR$3,381+$634 (+23.1%)+$881 (+35.2%)$2,450 – $4,1954
4BR$3,100−$550 (-15.1%)−$895 (-22.4%)$3,100 – $3,1001
4BR$3,998+$348 (+9.5%)+$3 (+0.1%)$3,000 – $4,24616

Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.

Wicker Park vs. ChicagoAugust 2022

BedroomsWicker Park MedianChicago Citywide MedianDifference
Studio$1,175$1,095+$80 (+7.3%)
Studio$2,038$1,095+$943 (+86.1%)
1BR$2,000$1,295+$705 (+54.4%)
1BR$1,375$1,295+$80 (+6.2%)
2BR$2,600$1,795+$805 (+44.8%)
2BR$2,175$1,795+$380 (+21.2%)
3BR$3,223$2,250+$973 (+43.2%)
3BR$3,381$2,250+$1,131 (+50.3%)
4BR$3,100$2,455+$645 (+26.3%)
4BR$3,998$2,455+$1,543 (+62.8%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2022.

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