Monthly Rent Report
ZIP 60077 Rent Report — May 2023
Asking rents in ZIP 60077, Chicago, from 145 listings.
Median 1BR rent in ZIP 60077 was $1,295 in May 2023, down 22.7% (−$380) from April 2023 and up 11.2% year-over-year. The middle half of 1BR listings asked between $1,288 and $1,295. That puts ZIP 60077 $105 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 145 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,110 | $0 (0.0%) | +$60 (+5.7%) | $1,010 – $1,795 | 13 |
| Studio | $995 | −$115 (-10.4%) | −$55 (-5.2%) | $995 – $995 | 1 |
| 1BR | $1,295 | −$380 (-22.7%) | +$130 (+11.2%) | $1,288 – $1,295 | 7 |
| 1BR | $2,085 | +$410 (+24.5%) | +$920 (+79.0%) | $1,295 – $2,240 | 48 |
| 2BR | $2,700 | −$280 (-9.4%) | +$1,230 (+83.7%) | $2,700 – $2,700 | 1 |
| 2BR | $2,905 | −$75 (-2.5%) | +$1,435 (+97.6%) | $1,583 – $3,309 | 48 |
| 3BR | $4,395 | +$1,695 (+62.8%) | +$2,595 (+144.2%) | $3,673 – $4,495 | 7 |
| 3BR | $3,685 | +$985 (+36.5%) | +$1,885 (+104.7%) | $2,463 – $4,495 | 14 |
| 4BR | $2,500 | −$1,100 (-30.6%) | — | $2,500 – $2,500 | 1 |
| 4BR | $2,500 | −$1,100 (-30.6%) | — | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60077 vs. Chicago — May 2023
| Bedrooms | ZIP 60077 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,110 | $1,200 | −$90 (-7.5%) |
| Studio | $995 | $1,200 | −$205 (-17.1%) |
| 1BR | $1,295 | $1,400 | −$105 (-7.5%) |
| 1BR | $2,085 | $1,400 | +$685 (+48.9%) |
| 2BR | $2,700 | $1,698 | +$1,003 (+59.1%) |
| 2BR | $2,905 | $1,698 | +$1,208 (+71.1%) |
| 3BR | $4,395 | $2,300 | +$2,095 (+91.1%) |
| 3BR | $3,685 | $2,300 | +$1,385 (+60.2%) |
| 4BR | $2,500 | $2,548 | −$47 (-1.9%) |
| 4BR | $2,500 | $2,548 | −$47 (-1.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.