Monthly Rent Report
ZIP 60077 Rent Report — May 2024
Asking rents in ZIP 60077, Chicago, from 357 listings.
Median 1BR rent in ZIP 60077 was $1,250 in May 2024, down 6.4% (−$85) from April 2024 and down 40.0% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,250. That puts ZIP 60077 $253 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 357 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,790 | −$9 (-0.5%) | +$680 (+61.3%) | $1,790 – $1,799 | 30 |
| Studio | $1,790 | −$9 (-0.5%) | +$680 (+61.3%) | $1,790 – $1,799 | 30 |
| 1BR | $1,250 | −$85 (-6.4%) | −$835 (-40.0%) | $1,250 – $1,250 | 1 |
| 1BR | $2,258 | +$923 (+69.1%) | +$173 (+8.3%) | $1,325 – $2,369 | 86 |
| 2BR | $2,850 | −$150 (-5.0%) | +$150 (+5.6%) | $2,775 – $2,925 | 2 |
| 2BR | $2,929 | −$71 (-2.4%) | +$229 (+8.5%) | $1,800 – $3,143 | 138 |
| 3BR | $2,400 | −$350 (-12.7%) | −$1,285 (-34.9%) | $2,400 – $2,400 | 1 |
| 3BR | $4,119 | +$1,369 (+49.8%) | +$434 (+11.8%) | $2,300 – $4,788 | 62 |
| 4BR | $5,500 | — | +$3,000 (+120.0%) | $5,500 – $5,500 | 5 |
| 4BR | $5,500 | — | +$3,000 (+120.0%) | $5,500 – $5,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60077 vs. Chicago — May 2024
| Bedrooms | ZIP 60077 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,790 | $1,196 | +$594 (+49.7%) |
| Studio | $1,790 | $1,196 | +$594 (+49.7%) |
| 1BR | $1,250 | $1,503 | −$252 (-16.8%) |
| 1BR | $2,258 | $1,503 | +$756 (+50.3%) |
| 2BR | $2,850 | $1,825 | +$1,025 (+56.2%) |
| 2BR | $2,929 | $1,825 | +$1,104 (+60.5%) |
| 3BR | $2,400 | $2,236 | +$164 (+7.3%) |
| 3BR | $4,119 | $2,236 | +$1,883 (+84.2%) |
| 4BR | $5,500 | $2,725 | +$2,775 (+101.8%) |
| 4BR | $5,500 | $2,725 | +$2,775 (+101.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.