Monthly Rent Report
ZIP 60031 Rent Report — January 2024
Asking rents in ZIP 60031, Chicago, from 3 listings.
Median 1BR rent in ZIP 60031 was $1,125 in January 2024, down 21.1% (−$300) from December 2023 and down 16.9% year-over-year. The middle half of 1BR listings asked between $1,125 and $1,125. That puts ZIP 60031 $392 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,125 | −$300 (-21.1%) | −$228 (-16.9%) | $1,125 – $1,125 | 1 |
| 2BR | $1,295 | +$45 (+3.6%) | −$283 (-17.9%) | $1,295 – $1,295 | 1 |
| 4BR | $2,445 | — | — | $2,445 – $2,445 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
ZIP 60031 vs. Chicago — January 2024
| Bedrooms | ZIP 60031 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,125 | $1,517 | −$392 (-25.8%) |
| 2BR | $1,295 | $1,800 | −$505 (-28.1%) |
| 4BR | $2,445 | $2,792 | −$346 (-12.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.