Monthly Rent Report
ZIP 60085 Rent Report — July 2023
Asking rents in ZIP 60085, Chicago, from 5 listings.
Median 1BR rent in ZIP 60085 was $1,240 in July 2023, up 29.2% (+$280) from June 2023 and up 24.3% year-over-year. The middle half of 1BR listings asked between $1,240 and $1,240. That puts ZIP 60085 $210 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $715 | −$35 (-4.7%) | +$20 (+2.9%) | $715 – $715 | 1 |
| 1BR | $1,240 | +$280 (+29.2%) | +$243 (+24.3%) | $1,240 – $1,240 | 1 |
| 2BR | $1,360 | +$110 (+8.8%) | +$10 (+0.7%) | $1,340 – $1,380 | 2 |
| 3BR | $3,500 | +$1,680 (+92.3%) | +$2,300 (+191.7%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
ZIP 60085 vs. Chicago — July 2023
| Bedrooms | ZIP 60085 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $715 | $1,200 | −$485 (-40.4%) |
| 1BR | $1,240 | $1,450 | −$210 (-14.5%) |
| 2BR | $1,360 | $1,795 | −$435 (-24.2%) |
| 3BR | $3,500 | $2,273 | +$1,228 (+54.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.