Monthly Rent Report
ZIP 60048 Rent Report — August 2023
Asking rents in ZIP 60048, Chicago, from 3 listings.
Median 1BR rent in ZIP 60048 was $2,435 in August 2023, up 52.2% (+$835) from July 2023. The middle half of 1BR listings asked between $2,435 and $2,435. That puts ZIP 60048 $915 above the Chicago citywide 1BR median of $1,520. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,435 | +$835 (+52.2%) | — | $2,435 – $2,435 | 1 |
| 2BR | $1,650 | — | −$1,320 (-44.4%) | $1,650 – $1,650 | 1 |
| 4BR | $1,200 | −$2,550 (-68.0%) | — | $1,200 – $1,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60048 vs. Chicago — August 2023
| Bedrooms | ZIP 60048 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,435 | $1,520 | +$915 (+60.2%) |
| 2BR | $1,650 | $1,808 | −$157 (-8.7%) |
| 4BR | $1,200 | $2,692 | −$1,492 (-55.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.