Monthly Rent Report
ZIP 60201 Rent Report — May 2023
Asking rents in ZIP 60201, Chicago, from 597 listings.
Median 1BR rent in ZIP 60201 was $2,599 in May 2023, up 96.5% (+$1,277) from April 2023 and up 6.1% year-over-year. The middle half of 1BR listings asked between $2,599 and $2,599. That puts ZIP 60201 $1,199 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 597 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | −$105 (-8.4%) | +$188 (+19.5%) | $1,095 – $1,295 | 45 |
| Studio | $1,160 | −$95 (-7.6%) | +$198 (+20.5%) | $1,068 – $1,871 | 20 |
| 1BR | $2,599 | +$1,277 (+96.5%) | +$149 (+6.1%) | $2,599 – $2,599 | 3 |
| 1BR | $2,100 | +$778 (+58.8%) | −$350 (-14.3%) | $1,550 – $2,442 | 233 |
| 2BR | $1,750 | −$1,352 (-43.6%) | −$240 (-12.1%) | $1,750 – $1,750 | 1 |
| 2BR | $2,500 | −$602 (-19.4%) | +$510 (+25.6%) | $1,720 – $3,300 | 183 |
| 3BR | $3,180 | +$155 (+5.1%) | +$880 (+38.3%) | $2,695 – $4,242 | 60 |
| 3BR | $4,995 | +$1,970 (+65.1%) | +$2,695 (+117.2%) | $4,995 – $4,995 | 1 |
| 4BR | $2,673 | −$27 (-1.0%) | −$2,227 (-45.5%) | $2,561 – $3,900 | 30 |
| 4BR | $2,595 | −$105 (-3.9%) | −$2,305 (-47.0%) | $2,595 – $2,785 | 12 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60201 vs. Chicago — May 2023
| Bedrooms | ZIP 60201 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,200 | −$50 (-4.2%) |
| Studio | $1,160 | $1,200 | −$40 (-3.3%) |
| 1BR | $2,599 | $1,400 | +$1,199 (+85.6%) |
| 1BR | $2,100 | $1,400 | +$700 (+50.0%) |
| 2BR | $1,750 | $1,698 | +$53 (+3.1%) |
| 2BR | $2,500 | $1,698 | +$803 (+47.3%) |
| 3BR | $3,180 | $2,300 | +$880 (+38.3%) |
| 3BR | $4,995 | $2,300 | +$2,695 (+117.2%) |
| 4BR | $2,673 | $2,548 | +$125 (+4.9%) |
| 4BR | $2,595 | $2,548 | +$48 (+1.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.