Monthly Rent Report

ZIP 60201 Rent Report — June 2023

Asking rents in ZIP 60201, Chicago, from 484 listings.

Median 1BR rent in ZIP 60201 was $1,695 in June 2023, down 34.8% (−$904) from May 2023 and down 27.9% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts ZIP 60201 $295 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 484 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2023Vs. June 2022P25–P75 RangeListings
Studio$1,123−$27 (-2.4%)+$23 (+2.0%)$995 – $2,07628
Studio$1,925+$775 (+67.4%)+$825 (+75.0%)$1,925 – $1,9251
1BR$1,695−$904 (-34.8%)−$655 (-27.9%)$1,695 – $1,6951
1BR$1,850−$749 (-28.8%)−$500 (-21.3%)$1,550 – $2,591181
2BR$2,700+$950 (+54.3%)−$702 (-20.6%)$1,995 – $3,300189
2BR$2,050+$300 (+17.1%)−$1,352 (-39.7%)$2,050 – $2,0501
3BR$3,095−$1,900 (-38.0%)+$295 (+10.5%)$2,392 – $3,78937
3BR$4,995$0 (0.0%)+$2,195 (+78.4%)$4,995 – $4,9951
4BR$2,595$0 (0.0%)+$395 (+18.0%)$2,345 – $4,10023
4BR$4,500+$1,905 (+73.4%)+$2,300 (+104.5%)$4,000 – $5,3006

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

ZIP 60201 vs. ChicagoJune 2023

BedroomsZIP 60201 MedianChicago Citywide MedianDifference
Studio$1,123$1,243−$120 (-9.7%)
Studio$1,925$1,243+$683 (+54.9%)
1BR$1,695$1,400+$295 (+21.1%)
1BR$1,850$1,400+$450 (+32.1%)
2BR$2,700$1,700+$1,000 (+58.8%)
2BR$2,050$1,700+$350 (+20.6%)
3BR$3,095$2,275+$820 (+36.0%)
3BR$4,995$2,275+$2,720 (+119.6%)
4BR$2,595$2,500+$95 (+3.8%)
4BR$4,500$2,500+$2,000 (+80.0%)

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

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