Monthly Rent Report
Wicker Park Rent Report — August 2024
Asking rents in ZIP 60622, Chicago, from 31 listings.
Median 1BR rent in Wicker Park was $2,495 in August 2024, up 42.6% (+$745) from July 2024 and up 47.2% year-over-year. The middle half of 1BR listings asked between $2,495 and $2,495. That puts Wicker Park $957 above the Chicago citywide 1BR median of $1,538. The month's figures are based on 31 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | −$645 (-29.4%) | +$175 (+12.7%) | $1,550 – $1,550 | 1 |
| 1BR | $2,495 | +$745 (+42.6%) | +$800 (+47.2%) | $2,495 – $2,495 | 1 |
| 2BR | $1,950 | −$300 (-13.3%) | −$345 (-15.0%) | $1,850 – $2,033 | 3 |
| 2BR | $1,550 | −$700 (-31.1%) | −$745 (-32.5%) | $1,396 – $1,831 | 10 |
| 3BR | $3,850 | +$1,350 (+54.0%) | −$650 (-14.4%) | $3,850 – $3,850 | 1 |
| 3BR | $2,995 | +$495 (+19.8%) | −$1,505 (-33.4%) | $2,400 – $2,995 | 13 |
| 4BR | $8,500 | +$5,700 (+203.6%) | +$3,292 (+63.2%) | $8,500 – $8,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Wicker Park vs. Chicago — August 2024
| Bedrooms | Wicker Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,190 | +$360 (+30.3%) |
| 1BR | $2,495 | $1,538 | +$957 (+62.2%) |
| 2BR | $1,950 | $1,823 | +$128 (+7.0%) |
| 2BR | $1,550 | $1,823 | −$272 (-15.0%) |
| 3BR | $3,850 | $2,300 | +$1,550 (+67.4%) |
| 3BR | $2,995 | $2,300 | +$695 (+30.2%) |
| 4BR | $8,500 | $2,995 | +$5,505 (+183.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.