Monthly Rent Report
ZIP 60124 Rent Report — February 2024
Asking rents in ZIP 60124, Chicago, from 15 listings.
Median 1BR rent in ZIP 60124 was $1,995 in February 2024, down 8.2% (−$177) from January 2024 and up 8.6% year-over-year. The middle half of 1BR listings asked between $1,984 and $1,995. That puts ZIP 60124 $495 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 15 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,995 | −$177 (-8.2%) | +$158 (+8.6%) | $1,984 – $1,995 | 8 |
| 2BR | $2,560 | +$10 (+0.4%) | +$200 (+8.5%) | $2,443 – $2,678 | 6 |
| 3BR | $3,245 | +$150 (+4.8%) | +$250 (+8.3%) | $3,245 – $3,245 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
ZIP 60124 vs. Chicago — February 2024
| Bedrooms | ZIP 60124 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,995 | $1,500 | +$495 (+33.0%) |
| 2BR | $2,560 | $1,813 | +$748 (+41.2%) |
| 3BR | $3,245 | $2,300 | +$945 (+41.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.