Monthly Rent Report
ZIP 60124 Rent Report — May 2024
Asking rents in ZIP 60124, Chicago, from 18 listings.
Median 1BR rent in ZIP 60124 was $1,995 in May 2024, up 3.6% (+$70) from April 2024 and up 5.3% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts ZIP 60124 $493 above the Chicago citywide 1BR median of $1,503. The month's figures are based on 18 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,995 | +$70 (+3.6%) | +$100 (+5.3%) | $1,995 – $1,995 | 10 |
| 2BR | $2,663 | +$168 (+6.7%) | +$468 (+21.3%) | $2,575 – $2,690 | 6 |
| 3BR | $2,995 | $0 (0.0%) | +$545 (+22.2%) | $2,995 – $2,995 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60124 vs. Chicago — May 2024
| Bedrooms | ZIP 60124 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,995 | $1,503 | +$493 (+32.8%) |
| 2BR | $2,663 | $1,825 | +$838 (+45.9%) |
| 3BR | $2,995 | $2,236 | +$759 (+33.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.