Monthly Rent Report
ZIP 60201 Rent Report — January 2023
Asking rents in ZIP 60201, Chicago, from 1,517 listings.
Median 1BR rent in ZIP 60201 was $3,018 in January 2023, up 108.9% (+$1,573) from December 2022 and up 141.4% year-over-year. The middle half of 1BR listings asked between $2,892 and $3,150. That puts ZIP 60201 $1,668 above the Chicago citywide 1BR median of $1,350. The month's figures are based on 1,517 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,413 | −$89 (-3.6%) | +$1,428 (+145.0%) | $2,293 – $2,517 | 164 |
| Studio | $950 | −$1,552 (-62.0%) | −$35 (-3.6%) | $950 – $950 | 1 |
| 1BR | $3,018 | +$1,573 (+108.9%) | +$1,768 (+141.4%) | $2,892 – $3,150 | 687 |
| 1BR | $1,595 | +$150 (+10.4%) | +$345 (+27.6%) | $1,545 – $1,645 | 2 |
| 2BR | $1,745 | −$880 (-33.5%) | −$430 (-19.8%) | $1,720 – $1,770 | 2 |
| 2BR | $3,675 | +$1,050 (+40.0%) | +$1,500 (+69.0%) | $2,800 – $3,980 | 381 |
| 3BR | $6,276 | +$2,986 (+90.8%) | +$5,276 (+527.6%) | $3,400 – $6,306 | 246 |
| 3BR | $4,800 | +$1,510 (+45.9%) | +$3,800 (+380.0%) | $4,800 – $4,800 | 2 |
| 4BR | $3,695 | −$1,030 (-21.8%) | +$800 (+27.6%) | $3,018 – $4,200 | 4 |
| 4BR | $3,055 | −$1,670 (-35.3%) | +$160 (+5.5%) | $2,800 – $3,995 | 21 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
ZIP 60201 vs. Chicago — January 2023
| Bedrooms | ZIP 60201 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,413 | $1,061 | +$1,352 (+127.4%) |
| Studio | $950 | $1,061 | −$111 (-10.5%) |
| 1BR | $3,018 | $1,350 | +$1,668 (+123.6%) |
| 1BR | $1,595 | $1,350 | +$245 (+18.1%) |
| 2BR | $1,745 | $1,698 | +$48 (+2.8%) |
| 2BR | $3,675 | $1,698 | +$1,978 (+116.5%) |
| 3BR | $6,276 | $2,123 | +$4,154 (+195.7%) |
| 3BR | $4,800 | $2,123 | +$2,678 (+126.1%) |
| 4BR | $3,695 | $2,417 | +$1,279 (+52.9%) |
| 4BR | $3,055 | $2,417 | +$639 (+26.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.