Monthly Rent Report
Wicker Park Rent Report — May 2024
Asking rents in ZIP 60622, Chicago, from 1,567 listings.
Median 1BR rent in Wicker Park was $1,725 in May 2024, up 1.5% (+$25) from April 2024 and down 21.4% year-over-year. The middle half of 1BR listings asked between $1,675 and $2,300. That puts Wicker Park $223 above the Chicago citywide 1BR median of $1,503. The month's figures are based on 1,567 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,095 | −$180 (-7.9%) | +$845 (+67.6%) | $1,995 – $2,235 | 3 |
| Studio | $2,113 | −$162 (-7.1%) | +$863 (+69.0%) | $2,094 – $2,331 | 34 |
| 1BR | $1,725 | +$25 (+1.5%) | −$470 (-21.4%) | $1,675 – $2,300 | 4 |
| 1BR | $2,000 | +$300 (+17.6%) | −$195 (-8.9%) | $1,725 – $2,317 | 301 |
| 2BR | $2,400 | +$25 (+1.1%) | +$300 (+14.3%) | $1,995 – $2,936 | 712 |
| 2BR | $2,650 | +$275 (+11.6%) | +$550 (+26.2%) | $2,450 – $3,195 | 5 |
| 3BR | $2,895 | −$255 (-8.1%) | −$205 (-6.6%) | $2,400 – $3,500 | 433 |
| 3BR | $2,995 | −$155 (-4.9%) | −$105 (-3.4%) | $2,995 – $2,995 | 3 |
| 4BR | $4,200 | +$303 (+7.8%) | +$1,705 (+68.3%) | $3,596 – $5,000 | 66 |
| 4BR | $2,700 | −$1,197 (-30.7%) | +$205 (+8.2%) | $2,494 – $2,700 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Wicker Park vs. Chicago — May 2024
| Bedrooms | Wicker Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,095 | $1,196 | +$899 (+75.2%) |
| Studio | $2,113 | $1,196 | +$917 (+76.6%) |
| 1BR | $1,725 | $1,503 | +$223 (+14.8%) |
| 1BR | $2,000 | $1,503 | +$498 (+33.1%) |
| 2BR | $2,400 | $1,825 | +$575 (+31.5%) |
| 2BR | $2,650 | $1,825 | +$825 (+45.2%) |
| 3BR | $2,895 | $2,236 | +$659 (+29.5%) |
| 3BR | $2,995 | $2,236 | +$759 (+33.9%) |
| 4BR | $4,200 | $2,725 | +$1,475 (+54.1%) |
| 4BR | $2,700 | $2,725 | −$25 (-0.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.