Monthly Rent Report
ZIP 60162 Rent Report — May 2022
Asking rents in ZIP 60162, Chicago, from 4 listings.
Median 1BR rent in ZIP 60162 was $1,025 in May 2022, flat versus April 2022 and up 2.5% year-over-year. The middle half of 1BR listings asked between $988 and $1,063. That puts ZIP 60162 $273 below the Chicago citywide 1BR median of $1,298. The month's figures are based on 4 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | — | +$480 (+58.5%) | $1,300 – $1,300 | 1 |
| 1BR | $1,025 | $0 (0.0%) | +$25 (+2.5%) | $988 – $1,063 | 2 |
| 2BR | $1,150 | — | — | $1,150 – $1,150 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
ZIP 60162 vs. Chicago — May 2022
| Bedrooms | ZIP 60162 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $1,050 | +$250 (+23.8%) |
| 1BR | $1,025 | $1,298 | −$272 (-21.0%) |
| 2BR | $1,150 | $1,599 | −$449 (-28.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2022.