Monthly Rent Report
ZIP 60118 Rent Report — May 2023
Asking rents in ZIP 60118, Chicago, from 3 listings.
Median 1BR rent in ZIP 60118 was $1,430 in May 2023, flat versus April 2023. The middle half of 1BR listings asked between $1,430 and $1,430. That puts ZIP 60118 $30 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,430 | $0 (0.0%) | — | $1,430 – $1,430 | 1 |
| 2BR | $1,630 | — | −$65 (-3.8%) | $1,630 – $1,630 | 1 |
| 3BR | $1,575 | — | −$320 (-16.9%) | $1,575 – $1,575 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60118 vs. Chicago — May 2023
| Bedrooms | ZIP 60118 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,430 | $1,400 | +$30 (+2.1%) |
| 2BR | $1,630 | $1,698 | −$67 (-4.0%) |
| 3BR | $1,575 | $2,300 | −$725 (-31.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.