Monthly Rent Report
ZIP 60056 Rent Report — May 2024
Asking rents in ZIP 60056, Chicago, from 58 listings.
Median 1BR rent in ZIP 60056 was $1,429 in May 2024, up 2.7% (+$37) from April 2024 and down 2.4% year-over-year. The middle half of 1BR listings asked between $1,378 and $1,536. That puts ZIP 60056 $74 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 58 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,429 | +$37 (+2.7%) | −$35 (-2.4%) | $1,378 – $1,536 | 29 |
| 2BR | $1,588 | +$80 (+5.3%) | +$56 (+3.7%) | $1,535 – $1,853 | 27 |
| 3BR | $2,362 | +$151 (+6.8%) | −$151 (-6.0%) | $2,326 – $2,397 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60056 vs. Chicago — May 2024
| Bedrooms | ZIP 60056 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,429 | $1,503 | −$73 (-4.9%) |
| 2BR | $1,588 | $1,825 | −$237 (-13.0%) |
| 3BR | $2,362 | $2,236 | +$126 (+5.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.