Monthly Rent Report
ZIP 60056 Rent Report — August 2024
Asking rents in ZIP 60056, Chicago, from 24 listings.
Median 1BR rent in ZIP 60056 was $1,300 in August 2024, down 10.3% (−$150) from July 2024 and down 3.7% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,300. That puts ZIP 60056 $238 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 24 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,300 | −$150 (-10.3%) | −$50 (-3.7%) | $1,300 – $1,300 | 1 |
| 2BR | $1,622 | +$122 (+8.1%) | −$1,268 (-43.9%) | $1,566 – $1,879 | 22 |
| 3BR | $2,295 | −$251 (-9.9%) | −$237 (-9.4%) | $2,295 – $2,295 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 60056 vs. Chicago — August 2024
| Bedrooms | ZIP 60056 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,300 | $1,538 | −$238 (-15.5%) |
| 2BR | $1,622 | $1,823 | −$200 (-11.0%) |
| 3BR | $2,295 | $2,300 | −$5 (-0.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.