Monthly Rent Report
ZIP 60048 Rent Report — August 2024
Asking rents in ZIP 60048, Chicago, from 2 listings.
Median 1BR rent in ZIP 60048 was $2,145 in August 2024, up 57.4% (+$783) from July 2024 and down 11.9% year-over-year. The middle half of 1BR listings asked between $2,145 and $2,145. That puts ZIP 60048 $607 above the Chicago citywide 1BR median of $1,538. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,145 | +$783 (+57.4%) | −$290 (-11.9%) | $2,145 – $2,145 | 1 |
| 3BR | $2,465 | — | — | $2,465 – $2,465 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 60048 vs. Chicago — August 2024
| Bedrooms | ZIP 60048 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,145 | $1,538 | +$607 (+39.5%) |
| 3BR | $2,465 | $2,300 | +$165 (+7.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.