Monthly Rent Report
Wicker Park Rent Report — July 2023
Asking rents in ZIP 60622, Chicago, from 275 listings.
Median 1BR rent in Wicker Park was $2,307 in July 2023, up 31.8% (+$557) from June 2023 and up 44.2% year-over-year. The middle half of 1BR listings asked between $1,951 and $2,662. That puts Wicker Park $857 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 275 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,975 | +$25 (+1.3%) | −$275 (-12.2%) | $1,975 – $1,975 | 1 |
| Studio | $1,958 | +$8 (+0.4%) | −$292 (-13.0%) | $1,929 – $1,987 | 2 |
| 1BR | $2,307 | +$557 (+31.8%) | +$707 (+44.2%) | $1,951 – $2,662 | 2 |
| 1BR | $1,750 | $0 (0.0%) | +$150 (+9.4%) | $1,595 – $1,996 | 49 |
| 2BR | $2,595 | +$900 (+53.1%) | +$195 (+8.1%) | $1,900 – $3,202 | 9 |
| 2BR | $2,100 | +$405 (+23.9%) | −$300 (-12.5%) | $1,750 – $2,825 | 93 |
| 3BR | $3,150 | −$1,350 (-30.0%) | +$403 (+14.6%) | $2,399 – $3,900 | 4 |
| 3BR | $2,613 | −$1,887 (-41.9%) | −$135 (-4.9%) | $2,113 – $3,000 | 84 |
| 4BR | $4,300 | +$528 (+14.0%) | +$650 (+17.8%) | $3,950 – $4,650 | 2 |
| 4BR | $3,845 | +$73 (+1.9%) | +$195 (+5.3%) | $3,400 – $3,970 | 22 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Wicker Park vs. Chicago — July 2023
| Bedrooms | Wicker Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,975 | $1,200 | +$775 (+64.6%) |
| Studio | $1,958 | $1,200 | +$758 (+63.2%) |
| 1BR | $2,307 | $1,450 | +$857 (+59.1%) |
| 1BR | $1,750 | $1,450 | +$300 (+20.7%) |
| 2BR | $2,595 | $1,795 | +$800 (+44.6%) |
| 2BR | $2,100 | $1,795 | +$305 (+17.0%) |
| 3BR | $3,150 | $2,273 | +$878 (+38.6%) |
| 3BR | $2,613 | $2,273 | +$340 (+15.0%) |
| 4BR | $4,300 | $2,709 | +$1,592 (+58.8%) |
| 4BR | $3,845 | $2,709 | +$1,137 (+42.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.