Monthly Rent Report

ZIP 46383 Rent Report — May 2023

Asking rents in ZIP 46383, Chicago, from 12 listings.

Median 1BR rent in ZIP 46383 was $800 in May 2023, down 9.6% (−$85) from April 2023 and up 28.0% year-over-year. The middle half of 1BR listings asked between $800 and $800. That puts ZIP 46383 $600 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 12 listings across 3 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2023Vs. May 2022P25–P75 RangeListings
1BR$800−$85 (-9.6%)+$175 (+28.0%)$800 – $8001
2BR$970−$185 (-16.0%)−$5 (-0.5%)$963 – $1,0116
3BR$1,310−$150 (-10.3%)+$250 (+23.6%)$1,310 – $1,3105

Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.

ZIP 46383 vs. ChicagoMay 2023

BedroomsZIP 46383 MedianChicago Citywide MedianDifference
1BR$800$1,400−$600 (-42.9%)
2BR$970$1,698−$727 (-42.9%)
3BR$1,310$2,300−$990 (-43.0%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.

Advertisement