Monthly Rent Report
ZIP 60031 Rent Report — February 2023
Asking rents in ZIP 60031, Chicago, from 19 listings.
Median 1BR rent in ZIP 60031 was $1,313 in February 2023, down 3.0% (−$40) from January 2023 and down 0.2% year-over-year. The middle half of 1BR listings asked between $1,119 and $1,343. That puts ZIP 60031 $87 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 19 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,313 | −$40 (-3.0%) | −$3 (-0.2%) | $1,119 – $1,343 | 8 |
| 2BR | $1,585 | +$7 (+0.4%) | +$150 (+10.5%) | $1,546 – $1,622 | 9 |
| 3BR | $2,900 | — | +$550 (+23.4%) | $2,900 – $2,900 | 1 |
| 4BR | $3,395 | — | — | $3,395 – $3,395 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
ZIP 60031 vs. Chicago — February 2023
| Bedrooms | ZIP 60031 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,313 | $1,400 | −$87 (-6.2%) |
| 2BR | $1,585 | $1,695 | −$110 (-6.5%) |
| 3BR | $2,900 | $2,188 | +$713 (+32.6%) |
| 4BR | $3,395 | $2,393 | +$1,003 (+41.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.