Monthly Rent Report
ZIP 60031 Rent Report — October 2023
Asking rents in ZIP 60031, Chicago, from 9 listings.
Median 1BR rent in ZIP 60031 was $1,150 in October 2023, up 17.9% (+$175) from September 2023 and up 21.1% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,150. That puts ZIP 60031 $325 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 9 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,150 | +$175 (+17.9%) | +$200 (+21.1%) | $1,100 – $1,150 | 7 |
| 2BR | $1,250 | $0 (0.0%) | −$262 (-17.3%) | $1,250 – $1,250 | 1 |
| 4BR | $2,500 | — | — | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
ZIP 60031 vs. Chicago — October 2023
| Bedrooms | ZIP 60031 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,150 | $1,475 | −$325 (-22.0%) |
| 2BR | $1,250 | $1,800 | −$550 (-30.6%) |
| 4BR | $2,500 | $2,575 | −$75 (-2.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.