Monthly Rent Report
ZIP 60087 Rent Report — May 2024
Asking rents in ZIP 60087, Chicago, from 22 listings.
Median 1BR rent in ZIP 60087 was $1,040 in May 2024, up 1.5% (+$15) from April 2024 and up 13.8% year-over-year. The middle half of 1BR listings asked between $1,040 and $1,050. That puts ZIP 60087 $463 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 22 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $905 | +$5 (+0.6%) | +$5 (+0.6%) | $905 – $915 | 7 |
| 1BR | $1,040 | +$15 (+1.5%) | +$126 (+13.8%) | $1,040 – $1,050 | 11 |
| 2BR | $1,220 | +$15 (+1.2%) | +$60 (+5.2%) | $1,215 – $1,245 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60087 vs. Chicago — May 2024
| Bedrooms | ZIP 60087 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $905 | $1,196 | −$291 (-24.3%) |
| 1BR | $1,040 | $1,503 | −$462 (-30.8%) |
| 2BR | $1,220 | $1,825 | −$605 (-33.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.