Monthly Rent Report

ZIP 60077 Rent Report — August 2020

Asking rents in ZIP 60077, Chicago, from 621 listings.

Median 1BR rent in ZIP 60077 was $1,943 in August 2020, up 4.7% (+$88) from July 2020. The middle half of 1BR listings asked between $1,899 and $1,989. That puts ZIP 60077 $700 above the Chicago citywide 1BR median of $1,243. The month's figures are based on 621 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2020Vs. Year AgoP25–P75 RangeListings
Studio$1,050+$125 (+13.5%)$988 – $1,0503
Studio$1,050+$125 (+13.5%)$988 – $1,0503
1BR$1,943+$88 (+4.7%)$1,899 – $1,98958
1BR$1,910+$55 (+3.0%)$1,860 – $1,950115
2BR$2,125−$110 (-4.9%)$2,040 – $2,210133
2BR$2,125−$110 (-4.9%)$2,031 – $2,210236
3BR$3,650−$1,125 (-23.6%)$3,650 – $3,65547
3BR$3,650−$1,125 (-23.6%)$3,650 – $3,65526

Median, P25, and P75 are asking rents from listings posted in August 2020. Changes compare against the nearest prior month with data.

ZIP 60077 vs. ChicagoAugust 2020

BedroomsZIP 60077 MedianChicago Citywide MedianDifference
Studio$1,050$1,001+$49 (+4.9%)
Studio$1,050$1,001+$49 (+4.9%)
1BR$1,943$1,243+$700 (+56.3%)
1BR$1,910$1,243+$668 (+53.7%)
2BR$2,125$1,590+$535 (+33.6%)
2BR$2,125$1,590+$535 (+33.6%)
3BR$3,650$1,800+$1,850 (+102.8%)
3BR$3,650$1,800+$1,850 (+102.8%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2020.

Advertisement