Monthly Rent Report
ZIP 60060 Rent Report — May 2024
Asking rents in ZIP 60060, Chicago, from 6 listings.
Median 1BR rent in ZIP 60060 was $1,970 in May 2024, up 12.7% (+$223) from April 2024 and up 0.3% year-over-year. The middle half of 1BR listings asked between $1,960 and $1,980. That puts ZIP 60060 $468 above the Chicago citywide 1BR median of $1,503. The month's figures are based on 6 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | — | −$100 (-6.1%) | $1,550 – $1,550 | 1 |
| 1BR | $1,970 | +$223 (+12.7%) | +$5 (+0.3%) | $1,960 – $1,980 | 2 |
| 2BR | $1,395 | −$880 (-38.7%) | +$300 (+27.4%) | $1,395 – $1,395 | 1 |
| 3BR | $3,200 | +$800 (+33.3%) | +$1,075 (+50.6%) | $3,200 – $3,200 | 1 |
| 4BR | $3,245 | +$445 (+15.9%) | — | $3,245 – $3,245 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60060 vs. Chicago — May 2024
| Bedrooms | ZIP 60060 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,196 | +$354 (+29.6%) |
| 1BR | $1,970 | $1,503 | +$468 (+31.1%) |
| 2BR | $1,395 | $1,825 | −$430 (-23.6%) |
| 3BR | $3,200 | $2,236 | +$964 (+43.1%) |
| 4BR | $3,245 | $2,725 | +$520 (+19.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.