Monthly Rent Report
ZIP 60031 Rent Report — May 2024
Asking rents in ZIP 60031, Chicago, from 2 listings.
Median 1BR rent in ZIP 60031 was $1,425 in May 2024, flat versus April 2024 and up 26.7% year-over-year. The middle half of 1BR listings asked between $1,425 and $1,425. That puts ZIP 60031 $78 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,425 | $0 (0.0%) | +$300 (+26.7%) | $1,425 – $1,425 | 1 |
| 2BR | $1,800 | +$450 (+33.3%) | +$575 (+46.9%) | $1,800 – $1,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60031 vs. Chicago — May 2024
| Bedrooms | ZIP 60031 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,425 | $1,503 | −$77 (-5.2%) |
| 2BR | $1,800 | $1,825 | −$25 (-1.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.