Monthly Rent Report
ZIP 60162 Rent Report — August 2023
Asking rents in ZIP 60162, Chicago, from 2 listings.
Median 1BR rent in ZIP 60162 was $1,195 in August 2023, up 22.6% (+$220) from July 2023 and up 8.6% year-over-year. The middle half of 1BR listings asked between $1,195 and $1,195. That puts ZIP 60162 $325 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,325 | — | +$85 (+6.9%) | $1,325 – $1,325 | 1 |
| 1BR | $1,195 | +$220 (+22.6%) | +$95 (+8.6%) | $1,195 – $1,195 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60162 vs. Chicago — August 2023
| Bedrooms | ZIP 60162 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,325 | $1,250 | +$75 (+6.0%) |
| 1BR | $1,195 | $1,520 | −$325 (-21.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.