Monthly Rent Report
ZIP 60056 Rent Report — August 2023
Asking rents in ZIP 60056, Chicago, from 5 listings.
Median 1BR rent in ZIP 60056 was $1,350 in August 2023, up 8.0% (+$100) from July 2023 and up 22.7% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts ZIP 60056 $170 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 5 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,350 | +$100 (+8.0%) | +$250 (+22.7%) | $1,350 – $1,350 | 2 |
| 2BR | $2,890 | +$190 (+7.0%) | +$1,526 (+111.9%) | $2,890 – $2,890 | 1 |
| 3BR | $2,533 | +$394 (+18.4%) | +$283 (+12.6%) | $2,460 – $2,605 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60056 vs. Chicago — August 2023
| Bedrooms | ZIP 60056 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,350 | $1,520 | −$170 (-11.2%) |
| 2BR | $2,890 | $1,808 | +$1,083 (+59.9%) |
| 3BR | $2,533 | $2,395 | +$138 (+5.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.