Monthly Rent Report
ZIP 60048 Rent Report — May 2024
Asking rents in ZIP 60048, Chicago, from 4 listings.
Median 2BR rent in ZIP 60048 was $2,000 in May 2024, down 30.9% (−$895) from April 2024 and down 19.8% year-over-year. The middle half of 2BR listings asked between $2,000 and $2,000. That puts ZIP 60048 $175 above the Chicago citywide 2BR median of $1,825. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $2,000 | −$895 (-30.9%) | −$495 (-19.8%) | $2,000 – $2,000 | 1 |
| 3BR | $1,895 | — | +$60 (+3.3%) | $1,895 – $1,895 | 1 |
| 4BR | $2,899 | −$46 (-1.6%) | — | $2,899 – $2,899 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60048 vs. Chicago — May 2024
| Bedrooms | ZIP 60048 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 2BR | $2,000 | $1,825 | +$175 (+9.6%) |
| 3BR | $1,895 | $2,236 | −$341 (-15.3%) |
| 4BR | $2,899 | $2,725 | +$174 (+6.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.