Monthly Rent Report
ZIP 60087 Rent Report — May 2023
Asking rents in ZIP 60087, Chicago, from 19 listings.
Median 1BR rent in ZIP 60087 was $914 in May 2023, up 1.7% (+$15) from April 2023 and down 8.6% year-over-year. The middle half of 1BR listings asked between $899 and $942. That puts ZIP 60087 $486 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 19 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $900 | +$25 (+2.9%) | +$15 (+1.7%) | $900 – $900 | 7 |
| 1BR | $914 | +$15 (+1.7%) | −$86 (-8.6%) | $899 – $942 | 4 |
| 2BR | $1,160 | −$835 (-41.9%) | +$10 (+0.9%) | $1,160 – $1,160 | 7 |
| 4BR | $1,950 | — | — | $1,950 – $1,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60087 vs. Chicago — May 2023
| Bedrooms | ZIP 60087 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $900 | $1,200 | −$300 (-25.0%) |
| 1BR | $914 | $1,400 | −$486 (-34.7%) |
| 2BR | $1,160 | $1,698 | −$537 (-31.7%) |
| 4BR | $1,950 | $2,548 | −$597 (-23.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.