Monthly Rent Report
ZIP 60124 Rent Report — May 2023
Asking rents in ZIP 60124, Chicago, from 5 listings.
Median 1BR rent in ZIP 60124 was $1,895 in May 2023 and up 11.8% year-over-year. The middle half of 1BR listings asked between $1,845 and $1,923. That puts ZIP 60124 $495 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 5 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,895 | — | +$200 (+11.8%) | $1,845 – $1,923 | 3 |
| 2BR | $2,195 | −$100 (-4.4%) | $0 (0.0%) | $2,195 – $2,195 | 1 |
| 3BR | $2,450 | — | — | $2,450 – $2,450 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60124 vs. Chicago — May 2023
| Bedrooms | ZIP 60124 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,895 | $1,400 | +$495 (+35.4%) |
| 2BR | $2,195 | $1,698 | +$498 (+29.3%) |
| 3BR | $2,450 | $2,300 | +$150 (+6.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.