Monthly Rent Report
ZIP 60048 Rent Report — May 2023
Asking rents in ZIP 60048, Chicago, from 4 listings.
Median 1BR rent in ZIP 60048 was $2,445 in May 2023 and up 81.1% year-over-year. The middle half of 1BR listings asked between $2,445 and $2,445. That puts ZIP 60048 $1,045 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 4 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,445 | — | +$1,095 (+81.1%) | $2,445 – $2,445 | 1 |
| 2BR | $2,495 | +$700 (+39.0%) | −$400 (-13.8%) | $2,445 – $2,545 | 2 |
| 3BR | $1,835 | — | −$1,165 (-38.8%) | $1,835 – $1,835 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60048 vs. Chicago — May 2023
| Bedrooms | ZIP 60048 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,445 | $1,400 | +$1,045 (+74.6%) |
| 2BR | $2,495 | $1,698 | +$798 (+47.0%) |
| 3BR | $1,835 | $2,300 | −$465 (-20.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.