Monthly Rent Report
ZIP 60201 Rent Report — March 2023
Asking rents in ZIP 60201, Chicago, from 664 listings.
Median 1BR rent in ZIP 60201 was $2,317 in March 2023, up 55.8% (+$830) from February 2023 and up 59.8% year-over-year. The middle half of 1BR listings asked between $1,465 and $2,771. That puts ZIP 60201 $921 above the Chicago citywide 1BR median of $1,396. The month's figures are based on 664 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | −$25 (-2.0%) | −$1,099 (-46.8%) | $1,125 – $2,182 | 77 |
| Studio | $1,195 | −$80 (-6.3%) | −$1,154 (-49.1%) | $1,150 – $1,245 | 9 |
| 1BR | $2,317 | +$830 (+55.8%) | +$867 (+59.8%) | $1,465 – $2,771 | 265 |
| 1BR | $1,450 | −$37 (-2.5%) | $0 (0.0%) | $1,373 – $1,473 | 3 |
| 2BR | $3,695 | +$1,565 (+73.5%) | +$1,995 (+117.4%) | $2,780 – $3,720 | 3 |
| 2BR | $2,143 | +$13 (+0.6%) | +$443 (+26.0%) | $1,750 – $3,347 | 194 |
| 3BR | $2,900 | +$400 (+16.0%) | −$750 (-20.5%) | $2,400 – $3,000 | 19 |
| 3BR | $2,900 | +$400 (+16.0%) | −$750 (-20.5%) | $2,250 – $3,025 | 40 |
| 4BR | $4,650 | +$1,850 (+66.1%) | +$1,425 (+44.2%) | $3,363 – $4,700 | 8 |
| 4BR | $2,750 | −$50 (-1.8%) | −$475 (-14.7%) | $2,650 – $4,100 | 31 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
ZIP 60201 vs. Chicago — March 2023
| Bedrooms | ZIP 60201 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,204 | +$46 (+3.8%) |
| Studio | $1,195 | $1,204 | −$9 (-0.7%) |
| 1BR | $2,317 | $1,396 | +$921 (+65.9%) |
| 1BR | $1,450 | $1,396 | +$54 (+3.8%) |
| 2BR | $3,695 | $1,698 | +$1,998 (+117.7%) |
| 2BR | $2,143 | $1,698 | +$445 (+26.2%) |
| 3BR | $2,900 | $2,200 | +$700 (+31.8%) |
| 3BR | $2,900 | $2,200 | +$700 (+31.8%) |
| 4BR | $4,650 | $2,444 | +$2,206 (+90.3%) |
| 4BR | $2,750 | $2,444 | +$306 (+12.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.