Monthly Rent Report
ZIP 60031 Rent Report — March 2022
Asking rents in ZIP 60031, Chicago, from 5 listings.
Median 1BR rent in ZIP 60031 was $1,292 in March 2022, down 1.8% (−$24) from February 2022 and up 17.5% year-over-year. The middle half of 1BR listings asked between $1,292 and $1,306. That puts ZIP 60031 $62 above the Chicago citywide 1BR median of $1,230. The month's figures are based on 5 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,292 | −$24 (-1.8%) | +$192 (+17.5%) | $1,292 – $1,306 | 3 |
| 2BR | $1,095 | −$340 (-23.7%) | −$900 (-45.1%) | $1,095 – $1,095 | 1 |
| 3BR | $2,100 | −$250 (-10.6%) | — | $2,100 – $2,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
ZIP 60031 vs. Chicago — March 2022
| Bedrooms | ZIP 60031 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,292 | $1,230 | +$62 (+5.0%) |
| 2BR | $1,095 | $1,473 | −$377 (-25.6%) |
| 3BR | $2,100 | $1,950 | +$150 (+7.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2022.