Monthly Rent Report
ZIP 60031 Rent Report — May 2025
Asking rents in ZIP 60031, Chicago, from 6 listings.
Median 1BR rent in ZIP 60031 was $925 in May 2025, down 30.2% (−$400) from April 2025 and down 35.1% year-over-year. The middle half of 1BR listings asked between $863 and $988. That puts ZIP 60031 $650 below the Chicago citywide 1BR median of $1,575. The month's figures are based on 6 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $925 | −$400 (-30.2%) | −$500 (-35.1%) | $863 – $988 | 2 |
| 2BR | $1,550 | $0 (0.0%) | −$250 (-13.9%) | $1,550 – $1,550 | 1 |
| 3BR | $2,700 | — | — | $2,700 – $2,700 | 1 |
| 4BR | $3,099 | −$351 (-10.2%) | — | $3,099 – $3,099 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
ZIP 60031 vs. Chicago — May 2025
| Bedrooms | ZIP 60031 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $925 | $1,575 | −$650 (-41.3%) |
| 2BR | $1,550 | $1,900 | −$350 (-18.4%) |
| 3BR | $2,700 | $2,200 | +$500 (+22.7%) |
| 4BR | $3,099 | $2,948 | +$152 (+5.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2025.