Monthly Rent Report
ZIP 60188 Rent Report — August 2023
Asking rents in ZIP 60188, Chicago, from 3 listings.
Median 1BR rent in ZIP 60188 was $1,430 in August 2023, up 1.1% (+$16) from July 2023 and up 12.2% year-over-year. The middle half of 1BR listings asked between $1,430 and $1,430. That puts ZIP 60188 $90 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,430 | +$16 (+1.1%) | +$155 (+12.2%) | $1,430 – $1,430 | 1 |
| 2BR | $1,580 | −$69 (-4.2%) | +$285 (+22.0%) | $1,580 – $1,580 | 1 |
| 3BR | $2,345 | — | +$350 (+17.5%) | $2,345 – $2,345 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60188 vs. Chicago — August 2023
| Bedrooms | ZIP 60188 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,430 | $1,520 | −$90 (-5.9%) |
| 2BR | $1,580 | $1,808 | −$227 (-12.6%) |
| 3BR | $2,345 | $2,395 | −$50 (-2.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.