Monthly Rent Report
ZIP 60056 Rent Report — May 2023
Asking rents in ZIP 60056, Chicago, from 26 listings.
Median 1BR rent in ZIP 60056 was $1,464 in May 2023, up 8.4% (+$114) from April 2023 and up 22.0% year-over-year. The middle half of 1BR listings asked between $1,437 and $1,474. That puts ZIP 60056 $64 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 26 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,464 | +$114 (+8.4%) | +$264 (+22.0%) | $1,437 – $1,474 | 7 |
| 2BR | $1,532 | −$1,458 (-48.8%) | +$63 (+4.3%) | $1,523 – $1,912 | 16 |
| 3BR | $2,513 | +$59 (+2.4%) | +$425 (+20.3%) | $2,435 – $2,590 | 2 |
| 4BR | $2,900 | — | — | $2,900 – $2,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60056 vs. Chicago — May 2023
| Bedrooms | ZIP 60056 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,464 | $1,400 | +$64 (+4.6%) |
| 2BR | $1,532 | $1,698 | −$165 (-9.7%) |
| 3BR | $2,513 | $2,300 | +$213 (+9.2%) |
| 4BR | $2,900 | $2,548 | +$353 (+13.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.