Monthly Rent Report

ZIP 60060 Rent Report — August 2024

Asking rents in ZIP 60060, Chicago, from 5 listings.

Median 1BR rent in ZIP 60060 was $1,395 in August 2024, down 30.6% (−$615) from July 2024 and down 19.4% year-over-year. The middle half of 1BR listings asked between $1,395 and $1,395. That puts ZIP 60060 $143 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 5 listings across 5 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2024Vs. August 2023P25–P75 RangeListings
Studio$1,195$0 (0.0%)−$455 (-27.6%)$1,195 – $1,1951
1BR$1,395−$615 (-30.6%)−$335 (-19.4%)$1,395 – $1,3951
2BR$2,125+$730 (+52.3%)+$225 (+11.8%)$2,125 – $2,1251
3BR$2,265+$95 (+4.4%)−$260 (-10.3%)$2,265 – $2,2651
4BR$2,790+$455 (+19.5%)+$345 (+14.1%)$2,790 – $2,7901

Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.

ZIP 60060 vs. ChicagoAugust 2024

BedroomsZIP 60060 MedianChicago Citywide MedianDifference
Studio$1,195$1,190+$5 (+0.4%)
1BR$1,395$1,538−$143 (-9.3%)
2BR$2,125$1,823+$303 (+16.6%)
3BR$2,265$2,300−$35 (-1.5%)
4BR$2,790$2,995−$205 (-6.8%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.

Advertisement