Monthly Rent Report
ZIP 60048 Rent Report — April 2024
Asking rents in ZIP 60048, Chicago, from 4 listings.
Median 1BR rent in ZIP 60048 was $1,250 in April 2024, down 32.2% (−$595) from March 2024. The middle half of 1BR listings asked between $1,250 and $1,250. That puts ZIP 60048 $250 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | — | — | $1,995 – $1,995 | 1 |
| 1BR | $1,250 | −$595 (-32.2%) | — | $1,250 – $1,250 | 1 |
| 2BR | $2,895 | — | +$1,100 (+61.3%) | $2,895 – $2,895 | 1 |
| 4BR | $2,945 | −$45 (-1.5%) | — | $2,945 – $2,945 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
ZIP 60048 vs. Chicago — April 2024
| Bedrooms | ZIP 60048 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $1,222 | +$773 (+63.3%) |
| 1BR | $1,250 | $1,500 | −$250 (-16.7%) |
| 2BR | $2,895 | $1,850 | +$1,045 (+56.5%) |
| 4BR | $2,945 | $2,800 | +$145 (+5.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.