Monthly Rent Report
ZIP 60201 Rent Report — February 2023
Asking rents in ZIP 60201, Chicago, from 632 listings.
Median 1BR rent in ZIP 60201 was $2,402 in February 2023, down 20.4% (−$616) from January 2023 and up 77.9% year-over-year. The middle half of 1BR listings asked between $1,525 and $2,768. That puts ZIP 60201 $1,002 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 632 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,275 | −$1,138 (-47.2%) | −$894 (-41.2%) | $1,025 – $2,182 | 65 |
| Studio | $950 | −$1,463 (-60.6%) | −$1,219 (-56.2%) | $950 – $950 | 3 |
| 1BR | $2,402 | −$616 (-20.4%) | +$1,052 (+77.9%) | $1,525 – $2,768 | 233 |
| 1BR | $1,488 | −$1,530 (-50.7%) | +$138 (+10.2%) | $1,411 – $1,568 | 4 |
| 2BR | $2,130 | +$385 (+22.1%) | +$380 (+21.7%) | $1,750 – $3,347 | 183 |
| 2BR | $3,750 | +$2,005 (+114.9%) | +$2,000 (+114.3%) | $3,750 – $3,750 | 1 |
| 3BR | $2,850 | −$1,950 (-40.6%) | +$555 (+24.2%) | $2,475 – $2,998 | 71 |
| 3BR | $2,500 | −$2,300 (-47.9%) | +$205 (+8.9%) | $2,400 – $2,850 | 9 |
| 4BR | $4,750 | +$1,695 (+55.5%) | +$1,950 (+69.6%) | $2,375 – $7,000 | 4 |
| 4BR | $2,800 | −$255 (-8.3%) | $0 (0.0%) | $2,750 – $4,095 | 39 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
ZIP 60201 vs. Chicago — February 2023
| Bedrooms | ZIP 60201 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,275 | $1,149 | +$126 (+11.0%) |
| Studio | $950 | $1,149 | −$199 (-17.3%) |
| 1BR | $2,402 | $1,400 | +$1,002 (+71.6%) |
| 1BR | $1,488 | $1,400 | +$88 (+6.3%) |
| 2BR | $2,130 | $1,695 | +$435 (+25.7%) |
| 2BR | $3,750 | $1,695 | +$2,055 (+121.2%) |
| 3BR | $2,850 | $2,188 | +$663 (+30.3%) |
| 3BR | $2,500 | $2,188 | +$313 (+14.3%) |
| 4BR | $4,750 | $2,393 | +$2,358 (+98.5%) |
| 4BR | $2,800 | $2,393 | +$408 (+17.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.