Monthly Rent Report
ZIP 60031 Rent Report — May 2023
Asking rents in ZIP 60031, Chicago, from 6 listings.
Median 1BR rent in ZIP 60031 was $1,125 in May 2023, down 12.7% (−$163) from April 2023 and down 14.3% year-over-year. The middle half of 1BR listings asked between $1,125 and $1,321. That puts ZIP 60031 $275 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 6 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,125 | −$163 (-12.7%) | −$188 (-14.3%) | $1,125 – $1,321 | 5 |
| 2BR | $1,225 | $0 (0.0%) | −$373 (-23.3%) | $1,225 – $1,225 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60031 vs. Chicago — May 2023
| Bedrooms | ZIP 60031 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,125 | $1,400 | −$275 (-19.6%) |
| 2BR | $1,225 | $1,698 | −$472 (-27.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.