Monthly Rent Report
ZIP 60048 Rent Report — July 2023
Asking rents in ZIP 60048, Chicago, from 5 listings.
Median 1BR rent in ZIP 60048 was $1,600 in July 2023. The middle half of 1BR listings asked between $1,600 and $1,600. That puts ZIP 60048 $150 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,398 | — | — | $1,249 – $1,546 | 2 |
| 1BR | $1,600 | — | — | $1,600 – $1,600 | 1 |
| 3BR | $3,745 | +$895 (+31.4%) | +$1,348 (+56.2%) | $3,745 – $3,745 | 1 |
| 4BR | $3,750 | — | — | $3,750 – $3,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
ZIP 60048 vs. Chicago — July 2023
| Bedrooms | ZIP 60048 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,398 | $1,200 | +$198 (+16.5%) |
| 1BR | $1,600 | $1,450 | +$150 (+10.3%) |
| 3BR | $3,745 | $2,273 | +$1,473 (+64.8%) |
| 4BR | $3,750 | $2,709 | +$1,042 (+38.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.