Monthly Rent Report
ZIP 60031 Rent Report — April 2023
Asking rents in ZIP 60031, Chicago, from 7 listings.
Median 1BR rent in ZIP 60031 was $1,288 in April 2023, up 0.2% (+$3) from March 2023 and down 3.1% year-over-year. The middle half of 1BR listings asked between $1,274 and $1,293. That puts ZIP 60031 $137 below the Chicago citywide 1BR median of $1,425. The month's figures are based on 7 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,288 | +$3 (+0.2%) | −$41 (-3.1%) | $1,274 – $1,293 | 4 |
| 2BR | $1,225 | −$402 (-24.7%) | −$525 (-30.0%) | $1,225 – $1,225 | 1 |
| 3BR | $2,200 | +$250 (+12.8%) | +$100 (+4.8%) | $2,200 – $2,200 | 1 |
| 4BR | $3,295 | +$560 (+20.5%) | — | $3,295 – $3,295 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
ZIP 60031 vs. Chicago — April 2023
| Bedrooms | ZIP 60031 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,288 | $1,425 | −$137 (-9.6%) |
| 2BR | $1,225 | $1,725 | −$500 (-29.0%) |
| 3BR | $2,200 | $2,300 | −$100 (-4.3%) |
| 4BR | $3,295 | $2,597 | +$698 (+26.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.