Monthly Rent Report
ZIP 60120 Rent Report — August 2023
Asking rents in ZIP 60120, Chicago, from 7 listings.
Median 1BR rent in ZIP 60120 was $850 in August 2023, down 19.8% (−$210) from July 2023 and down 14.6% year-over-year. The middle half of 1BR listings asked between $850 and $850. That puts ZIP 60120 $670 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 7 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | — | — | $995 – $995 | 1 |
| 1BR | $850 | −$210 (-19.8%) | −$145 (-14.6%) | $850 – $850 | 2 |
| 2BR | $1,300 | −$195 (-13.0%) | +$525 (+67.7%) | $1,300 – $1,300 | 1 |
| 3BR | $1,935 | +$40 (+2.1%) | — | $1,935 – $1,935 | 1 |
| 4BR | $1,875 | −$60 (-3.1%) | — | $1,875 – $1,875 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60120 vs. Chicago — August 2023
| Bedrooms | ZIP 60120 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,250 | −$255 (-20.4%) |
| 1BR | $850 | $1,520 | −$670 (-44.1%) |
| 2BR | $1,300 | $1,808 | −$507 (-28.1%) |
| 3BR | $1,935 | $2,395 | −$460 (-19.2%) |
| 4BR | $1,875 | $2,692 | −$817 (-30.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.