Monthly Rent Report
ZIP 60056 Rent Report — March 2024
Asking rents in ZIP 60056, Chicago, from 57 listings.
Median 1BR rent in ZIP 60056 was $1,381 in March 2024, up 6.2% (+$81) from February 2024 and down 33.9% year-over-year. The middle half of 1BR listings asked between $1,356 and $1,404. That puts ZIP 60056 $124 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 57 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,381 | +$81 (+6.2%) | −$709 (-33.9%) | $1,356 – $1,404 | 17 |
| 2BR | $1,422 | −$16 (-1.1%) | −$1,508 (-51.5%) | $1,392 – $1,813 | 39 |
| 3BR | $2,470 | +$293 (+13.5%) | +$5 (+0.2%) | $2,470 – $2,470 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
ZIP 60056 vs. Chicago — March 2024
| Bedrooms | ZIP 60056 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,381 | $1,505 | −$123 (-8.2%) |
| 2BR | $1,422 | $1,900 | −$478 (-25.2%) |
| 3BR | $2,470 | $2,250 | +$220 (+9.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.