Monthly Rent Report
ZIP 60031 Rent Report — July 2024
Asking rents in ZIP 60031, Chicago, from 4 listings.
Median 1BR rent in ZIP 60031 was $1,275 in July 2024, up 7.4% (+$88) from June 2024 and up 15.9% year-over-year. The middle half of 1BR listings asked between $1,188 and $1,363. That puts ZIP 60031 $285 below the Chicago citywide 1BR median of $1,560. The month's figures are based on 4 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,275 | +$88 (+7.4%) | +$175 (+15.9%) | $1,188 – $1,363 | 2 |
| 2BR | $1,395 | — | — | $1,395 – $1,395 | 1 |
| 4BR | $2,950 | — | — | $2,950 – $2,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
ZIP 60031 vs. Chicago — July 2024
| Bedrooms | ZIP 60031 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,275 | $1,560 | −$285 (-18.3%) |
| 2BR | $1,395 | $1,805 | −$410 (-22.7%) |
| 4BR | $2,950 | $2,789 | +$161 (+5.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.