Monthly Rent Report
ZIP 60201 Rent Report — July 2023
Asking rents in ZIP 60201, Chicago, from 183 listings.
Median 1BR rent in ZIP 60201 was $1,725 in July 2023, down 6.8% (−$125) from June 2023 and down 44.0% year-over-year. The middle half of 1BR listings asked between $1,713 and $1,738. That puts ZIP 60201 $275 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 183 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,063 | −$60 (-5.3%) | −$806 (-43.2%) | $995 – $1,951 | 12 |
| Studio | $2,195 | +$1,073 (+95.5%) | +$326 (+17.4%) | $2,195 – $2,195 | 1 |
| 1BR | $1,725 | −$125 (-6.8%) | −$1,355 (-44.0%) | $1,713 – $1,738 | 2 |
| 1BR | $1,595 | −$255 (-13.8%) | −$1,485 (-48.2%) | $1,450 – $2,285 | 48 |
| 2BR | $2,050 | −$650 (-24.1%) | −$1,240 (-37.7%) | $1,823 – $2,073 | 3 |
| 2BR | $2,700 | $0 (0.0%) | −$590 (-17.9%) | $2,061 – $3,075 | 62 |
| 3BR | $2,995 | −$2,000 (-40.0%) | +$175 (+6.2%) | $2,995 – $2,995 | 1 |
| 3BR | $2,695 | −$2,300 (-46.0%) | −$125 (-4.4%) | $2,418 – $3,463 | 12 |
| 4BR | $2,395 | −$2,105 (-46.8%) | −$300 (-11.1%) | $2,248 – $6,198 | 3 |
| 4BR | $4,250 | −$250 (-5.6%) | +$1,555 (+57.7%) | $2,595 – $4,900 | 24 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
ZIP 60201 vs. Chicago — July 2023
| Bedrooms | ZIP 60201 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,063 | $1,200 | −$137 (-11.5%) |
| Studio | $2,195 | $1,200 | +$995 (+82.9%) |
| 1BR | $1,725 | $1,450 | +$275 (+19.0%) |
| 1BR | $1,595 | $1,450 | +$145 (+10.0%) |
| 2BR | $2,050 | $1,795 | +$255 (+14.2%) |
| 2BR | $2,700 | $1,795 | +$905 (+50.4%) |
| 3BR | $2,995 | $2,273 | +$723 (+31.8%) |
| 3BR | $2,695 | $2,273 | +$423 (+18.6%) |
| 4BR | $2,395 | $2,709 | −$313 (-11.6%) |
| 4BR | $4,250 | $2,709 | +$1,542 (+56.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.