Monthly Rent Report
ZIP 60051 Rent Report — August 2023
Asking rents in ZIP 60051, Chicago, from 2 listings.
Median 1BR rent in ZIP 60051 was $960 in August 2023 and up 7.9% year-over-year. The middle half of 1BR listings asked between $960 and $960. That puts ZIP 60051 $560 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $960 | — | +$70 (+7.9%) | $960 – $960 | 1 |
| 4BR | $2,400 | — | — | $2,400 – $2,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60051 vs. Chicago — August 2023
| Bedrooms | ZIP 60051 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $960 | $1,520 | −$560 (-36.8%) |
| 4BR | $2,400 | $2,692 | −$292 (-10.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.