Monthly Rent Report

ZIP 60201 Rent Report — April 2023

Asking rents in ZIP 60201, Chicago, from 846 listings.

Median 1BR rent in ZIP 60201 was $1,323 in April 2023, down 42.9% (−$994) from March 2023 and down 44.3% year-over-year. The middle half of 1BR listings asked between $1,236 and $1,409. That puts ZIP 60201 $103 below the Chicago citywide 1BR median of $1,425. The month's figures are based on 846 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2023Vs. April 2022P25–P75 RangeListings
Studio$995−$200 (-16.7%)−$1,067 (-51.8%)$995 – $9952
Studio$1,255+$60 (+5.0%)−$807 (-39.2%)$1,125 – $2,14484
1BR$1,323−$994 (-42.9%)−$1,050 (-44.3%)$1,236 – $1,4092
1BR$2,416+$99 (+4.3%)+$43 (+1.8%)$1,495 – $2,758346
2BR$3,673−$22 (-0.6%)+$253 (+7.4%)$3,634 – $3,7112
2BR$3,102−$593 (-16.0%)−$318 (-9.3%)$1,750 – $3,514227
3BR$2,995+$95 (+3.3%)+$695 (+30.2%)$2,995 – $2,9951
3BR$3,025+$125 (+4.3%)+$725 (+31.5%)$2,695 – $4,09355
4BR$2,700−$50 (-1.8%)+$500 (+22.7%)$2,625 – $4,60051
4BR$2,700−$50 (-1.8%)+$500 (+22.7%)$2,625 – $4,51350

Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.

ZIP 60201 vs. ChicagoApril 2023

BedroomsZIP 60201 MedianChicago Citywide MedianDifference
Studio$995$1,195−$200 (-16.7%)
Studio$1,255$1,195+$60 (+5.0%)
1BR$1,323$1,425−$102 (-7.2%)
1BR$2,416$1,425+$991 (+69.5%)
2BR$3,673$1,725+$1,948 (+112.9%)
2BR$3,102$1,725+$1,377 (+79.8%)
3BR$2,995$2,300+$695 (+30.2%)
3BR$3,025$2,300+$725 (+31.5%)
4BR$2,700$2,597+$103 (+4.0%)
4BR$2,700$2,597+$103 (+4.0%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.

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