Monthly Rent Report
ZIP 60031 Rent Report — August 2022
Asking rents in ZIP 60031, Chicago, from 11 listings.
Median 1BR rent in ZIP 60031 was $1,050 in August 2022, down 19.8% (−$259) from July 2022 and up 18.0% year-over-year. The middle half of 1BR listings asked between $925 and $1,050. That puts ZIP 60031 $245 below the Chicago citywide 1BR median of $1,295. The month's figures are based on 11 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,050 | −$259 (-19.8%) | +$160 (+18.0%) | $925 – $1,050 | 9 |
| 2BR | $1,470 | −$117 (-7.4%) | +$104 (+7.6%) | $1,469 – $1,471 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
ZIP 60031 vs. Chicago — August 2022
| Bedrooms | ZIP 60031 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,050 | $1,295 | −$245 (-18.9%) |
| 2BR | $1,470 | $1,795 | −$325 (-18.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2022.