Monthly Rent Report
ZIP 60124 Rent Report — January 2024
Asking rents in ZIP 60124, Chicago, from 10 listings.
Median 1BR rent in ZIP 60124 was $2,173 in January 2024, up 11.4% (+$223) from December 2023 and up 31.7% year-over-year. The middle half of 1BR listings asked between $1,895 and $2,388. That puts ZIP 60124 $656 above the Chicago citywide 1BR median of $1,517. The month's figures are based on 10 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,173 | +$223 (+11.4%) | +$523 (+31.7%) | $1,895 – $2,388 | 8 |
| 2BR | $2,550 | +$725 (+39.7%) | +$155 (+6.5%) | $2,550 – $2,550 | 1 |
| 3BR | $3,095 | — | — | $3,095 – $3,095 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
ZIP 60124 vs. Chicago — January 2024
| Bedrooms | ZIP 60124 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,173 | $1,517 | +$656 (+43.2%) |
| 2BR | $2,550 | $1,800 | +$750 (+41.7%) |
| 3BR | $3,095 | $2,300 | +$795 (+34.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.