Monthly Rent Report
ZIP 60087 Rent Report — August 2024
Asking rents in ZIP 60087, Chicago, from 24 listings.
Median 1BR rent in ZIP 60087 was $1,040 in August 2024, flat versus July 2024 and up 4.0% year-over-year. The middle half of 1BR listings asked between $1,040 and $1,043. That puts ZIP 60087 $498 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 24 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $905 | $0 (0.0%) | +$5 (+0.6%) | $905 – $905 | 5 |
| 1BR | $1,040 | $0 (0.0%) | +$40 (+4.0%) | $1,040 – $1,043 | 16 |
| 2BR | $2,013 | +$788 (+64.3%) | +$818 (+68.4%) | $1,619 – $2,406 | 2 |
| 3BR | $1,850 | −$150 (-7.5%) | — | $1,850 – $1,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 60087 vs. Chicago — August 2024
| Bedrooms | ZIP 60087 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $905 | $1,190 | −$285 (-23.9%) |
| 1BR | $1,040 | $1,538 | −$498 (-32.4%) |
| 2BR | $2,013 | $1,823 | +$190 (+10.4%) |
| 3BR | $1,850 | $2,300 | −$450 (-19.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.