Monthly Rent Report
ZIP 60031 Rent Report — June 2023
Asking rents in ZIP 60031, Chicago, from 9 listings.
Median 1BR rent in ZIP 60031 was $1,050 in June 2023, down 6.7% (−$75) from May 2023 and down 19.9% year-over-year. The middle half of 1BR listings asked between $969 and $1,150. That puts ZIP 60031 $350 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 9 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,050 | −$75 (-6.7%) | −$261 (-19.9%) | $969 – $1,150 | 8 |
| 2BR | $1,195 | −$30 (-2.4%) | −$296 (-19.9%) | $1,195 – $1,195 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
ZIP 60031 vs. Chicago — June 2023
| Bedrooms | ZIP 60031 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,050 | $1,400 | −$350 (-25.0%) |
| 2BR | $1,195 | $1,700 | −$505 (-29.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.