Monthly Rent Report
ZIP 60077 Rent Report — August 2023
Asking rents in ZIP 60077, Chicago, from 36 listings.
Median 1BR rent in ZIP 60077 was $1,320 in August 2023, down 35.4% (−$723) from July 2023 and up 5.6% year-over-year. The middle half of 1BR listings asked between $1,256 and $2,016. That puts ZIP 60077 $200 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 36 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,125 | −$826 (-42.4%) | −$820 (-42.2%) | $1,100 – $1,999 | 12 |
| Studio | $1,558 | −$393 (-20.2%) | −$387 (-19.9%) | $1,125 – $2,037 | 4 |
| 1BR | $1,320 | −$723 (-35.4%) | +$70 (+5.6%) | $1,256 – $2,016 | 10 |
| 1BR | $1,345 | −$698 (-34.2%) | +$95 (+7.6%) | $1,345 – $1,345 | 1 |
| 2BR | $3,200 | +$375 (+13.3%) | +$90 (+2.9%) | $3,200 – $3,200 | 3 |
| 2BR | $2,550 | −$275 (-9.7%) | −$560 (-18.0%) | $2,550 – $2,550 | 1 |
| 3BR | $3,750 | +$850 (+29.3%) | −$1,265 (-25.2%) | $3,750 – $3,750 | 1 |
| 3BR | $4,617 | +$1,717 (+59.2%) | −$398 (-7.9%) | $4,496 – $4,739 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60077 vs. Chicago — August 2023
| Bedrooms | ZIP 60077 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,125 | $1,250 | −$125 (-10.0%) |
| Studio | $1,558 | $1,250 | +$308 (+24.6%) |
| 1BR | $1,320 | $1,520 | −$200 (-13.2%) |
| 1BR | $1,345 | $1,520 | −$175 (-11.5%) |
| 2BR | $3,200 | $1,808 | +$1,393 (+77.0%) |
| 2BR | $2,550 | $1,808 | +$743 (+41.1%) |
| 3BR | $3,750 | $2,395 | +$1,355 (+56.6%) |
| 3BR | $4,617 | $2,395 | +$2,222 (+92.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.