Monthly Rent Report
ZIP 60124 Rent Report — August 2023
Asking rents in ZIP 60124, Chicago, from 3 listings.
Median 1BR rent in ZIP 60124 was $2,500 in August 2023, up 36.6% (+$670) from July 2023 and up 47.5% year-over-year. The middle half of 1BR listings asked between $2,500 and $2,500. That puts ZIP 60124 $980 above the Chicago citywide 1BR median of $1,520. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,500 | +$670 (+36.6%) | +$805 (+47.5%) | $2,500 – $2,500 | 1 |
| 2BR | $2,625 | +$383 (+17.1%) | +$170 (+6.9%) | $2,625 – $2,625 | 1 |
| 3BR | $2,500 | — | — | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60124 vs. Chicago — August 2023
| Bedrooms | ZIP 60124 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,500 | $1,520 | +$980 (+64.5%) |
| 2BR | $2,625 | $1,808 | +$818 (+45.2%) |
| 3BR | $2,500 | $2,395 | +$105 (+4.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.