Monthly Rent Report
ZIP 60120 Rent Report — May 2024
Asking rents in ZIP 60120, Chicago, from 4 listings.
Median 1BR rent in ZIP 60120 was $1,350 in May 2024, up 22.7% (+$250) from April 2024 and up 29.8% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts ZIP 60120 $153 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,085 | +$90 (+9.0%) | — | $1,085 – $1,085 | 1 |
| 1BR | $1,350 | +$250 (+22.7%) | +$310 (+29.8%) | $1,350 – $1,350 | 1 |
| 2BR | $1,600 | −$800 (-33.3%) | −$200 (-11.1%) | $1,600 – $1,600 | 1 |
| 3BR | $2,185 | −$414 (-15.9%) | +$330 (+17.8%) | $2,185 – $2,185 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60120 vs. Chicago — May 2024
| Bedrooms | ZIP 60120 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,085 | $1,196 | −$111 (-9.3%) |
| 1BR | $1,350 | $1,503 | −$152 (-10.1%) |
| 2BR | $1,600 | $1,825 | −$225 (-12.3%) |
| 3BR | $2,185 | $2,236 | −$51 (-2.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.