Monthly Rent Report
ZIP 60087 Rent Report — August 2023
Asking rents in ZIP 60087, Chicago, from 19 listings.
Median 1BR rent in ZIP 60087 was $1,000 in August 2023, flat versus July 2023 and unchanged year-over-year. The middle half of 1BR listings asked between $1,000 and $1,010. That puts ZIP 60087 $520 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 19 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $900 | $0 (0.0%) | +$30 (+3.4%) | $900 – $900 | 6 |
| 1BR | $1,000 | $0 (0.0%) | $0 (0.0%) | $1,000 – $1,010 | 7 |
| 2BR | $1,195 | +$15 (+1.3%) | +$25 (+2.1%) | $1,178 – $1,213 | 6 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60087 vs. Chicago — August 2023
| Bedrooms | ZIP 60087 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $900 | $1,250 | −$350 (-28.0%) |
| 1BR | $1,000 | $1,520 | −$520 (-34.2%) |
| 2BR | $1,195 | $1,808 | −$612 (-33.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.