Monthly Rent Report
Wicker Park Rent Report — March 2023
Asking rents in ZIP 60622, Chicago, from 730 listings.
Median 1BR rent in Wicker Park was $1,794 in March 2023, down 12.5% (−$256) from February 2023 and up 1.3% year-over-year. The middle half of 1BR listings asked between $1,779 and $1,822. That puts Wicker Park $397 above the Chicago citywide 1BR median of $1,396. The month's figures are based on 730 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,980 | +$605 (+44.0%) | +$688 (+53.3%) | $1,375 – $2,215 | 5 |
| Studio | $1,900 | +$525 (+38.2%) | +$608 (+47.1%) | $1,106 – $2,245 | 32 |
| 1BR | $1,794 | −$256 (-12.5%) | +$24 (+1.3%) | $1,779 – $1,822 | 4 |
| 1BR | $1,925 | −$125 (-6.1%) | +$155 (+8.8%) | $1,650 – $2,130 | 165 |
| 2BR | $3,299 | +$1,099 (+50.0%) | +$1,102 (+50.1%) | $2,750 – $3,650 | 5 |
| 2BR | $2,200 | $0 (0.0%) | +$3 (+0.1%) | $1,800 – $2,750 | 476 |
| 3BR | $2,785 | −$112 (-3.9%) | +$535 (+23.8%) | $2,785 – $2,785 | 1 |
| 3BR | $3,750 | +$853 (+29.4%) | +$1,500 (+66.7%) | $3,750 – $3,750 | 5 |
| 4BR | $2,500 | −$1,800 (-41.9%) | −$3,000 (-54.5%) | $2,500 – $2,500 | 1 |
| 4BR | $4,048 | −$252 (-5.9%) | −$1,452 (-26.4%) | $3,075 – $4,250 | 36 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Wicker Park vs. Chicago — March 2023
| Bedrooms | Wicker Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,980 | $1,204 | +$776 (+64.5%) |
| Studio | $1,900 | $1,204 | +$696 (+57.8%) |
| 1BR | $1,794 | $1,396 | +$397 (+28.5%) |
| 1BR | $1,925 | $1,396 | +$529 (+37.9%) |
| 2BR | $3,299 | $1,698 | +$1,602 (+94.3%) |
| 2BR | $2,200 | $1,698 | +$503 (+29.6%) |
| 3BR | $2,785 | $2,200 | +$585 (+26.6%) |
| 3BR | $3,750 | $2,200 | +$1,550 (+70.5%) |
| 4BR | $2,500 | $2,444 | +$56 (+2.3%) |
| 4BR | $4,048 | $2,444 | +$1,604 (+65.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.