Monthly Rent Report
Wicker Park Rent Report — August 2023
Asking rents in ZIP 60622, Chicago, from 39 listings.
Median 1BR rent in Wicker Park was $1,695 in August 2023, down 3.1% (−$55) from July 2023 and up 23.3% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts Wicker Park $175 above the Chicago citywide 1BR median of $1,520. The month's figures are based on 39 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,500 | +$525 (+26.6%) | +$1,325 (+112.8%) | $2,500 – $2,500 | 2 |
| Studio | $1,375 | −$600 (-30.4%) | +$200 (+17.0%) | $1,375 – $1,375 | 1 |
| 1BR | $1,695 | −$55 (-3.1%) | +$320 (+23.3%) | $1,695 – $1,695 | 1 |
| 1BR | $1,725 | −$25 (-1.4%) | +$350 (+25.5%) | $1,725 – $1,725 | 1 |
| 2BR | $2,750 | +$650 (+31.0%) | +$150 (+5.8%) | $2,750 – $2,750 | 11 |
| 2BR | $2,295 | +$195 (+9.3%) | −$305 (-11.7%) | $2,100 – $3,850 | 5 |
| 3BR | $2,700 | +$88 (+3.3%) | −$522 (-16.2%) | $2,200 – $2,795 | 8 |
| 3BR | $4,500 | +$1,888 (+72.2%) | +$1,278 (+39.6%) | $4,125 – $4,875 | 2 |
| 4BR | $5,208 | +$908 (+21.1%) | +$1,211 (+30.3%) | $4,204 – $5,304 | 3 |
| 4BR | $3,650 | −$650 (-15.1%) | −$347 (-8.7%) | $3,650 – $3,650 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Wicker Park vs. Chicago — August 2023
| Bedrooms | Wicker Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,500 | $1,250 | +$1,250 (+100.0%) |
| Studio | $1,375 | $1,250 | +$125 (+10.0%) |
| 1BR | $1,695 | $1,520 | +$175 (+11.5%) |
| 1BR | $1,725 | $1,520 | +$205 (+13.5%) |
| 2BR | $2,750 | $1,808 | +$943 (+52.1%) |
| 2BR | $2,295 | $1,808 | +$488 (+27.0%) |
| 3BR | $2,700 | $2,395 | +$305 (+12.7%) |
| 3BR | $4,500 | $2,395 | +$2,105 (+87.9%) |
| 4BR | $5,208 | $2,692 | +$2,516 (+93.5%) |
| 4BR | $3,650 | $2,692 | +$958 (+35.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.