Monthly Rent Report
ZIP 60201 Rent Report — August 2023
Asking rents in ZIP 60201, Chicago, from 55 listings.
Median 1BR rent in ZIP 60201 was $1,695 in August 2023, down 1.7% (−$30) from July 2023 and down 38.0% year-over-year. The middle half of 1BR listings asked between $1,560 and $1,695. That puts ZIP 60201 $175 above the Chicago citywide 1BR median of $1,520. The month's figures are based on 55 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $975 | −$1,220 (-55.6%) | −$1,300 (-57.1%) | $975 – $975 | 1 |
| Studio | $1,150 | −$1,045 (-47.6%) | −$1,125 (-49.5%) | $1,025 – $2,196 | 9 |
| 1BR | $1,695 | −$30 (-1.7%) | −$1,040 (-38.0%) | $1,560 – $1,695 | 8 |
| 1BR | $1,695 | −$30 (-1.7%) | −$1,040 (-38.0%) | $1,673 – $1,915 | 3 |
| 2BR | $5,000 | +$2,300 (+85.2%) | +$2,941 (+142.8%) | $3,577 – $5,000 | 11 |
| 2BR | $2,212 | −$488 (-18.1%) | +$153 (+7.4%) | $2,131 – $2,293 | 2 |
| 3BR | $3,684 | +$989 (+36.7%) | −$444 (-10.8%) | $3,684 – $3,684 | 4 |
| 3BR | $3,689 | +$994 (+36.9%) | −$439 (-10.6%) | $3,689 – $3,689 | 1 |
| 4BR | $3,055 | +$660 (+27.6%) | −$170 (-5.3%) | $2,373 – $3,055 | 7 |
| 4BR | $2,895 | +$500 (+20.9%) | −$330 (-10.2%) | $2,395 – $2,975 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60201 vs. Chicago — August 2023
| Bedrooms | ZIP 60201 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $975 | $1,250 | −$275 (-22.0%) |
| Studio | $1,150 | $1,250 | −$100 (-8.0%) |
| 1BR | $1,695 | $1,520 | +$175 (+11.5%) |
| 1BR | $1,695 | $1,520 | +$175 (+11.5%) |
| 2BR | $5,000 | $1,808 | +$3,193 (+176.6%) |
| 2BR | $2,212 | $1,808 | +$405 (+22.4%) |
| 3BR | $3,684 | $2,395 | +$1,289 (+53.8%) |
| 3BR | $3,689 | $2,395 | +$1,294 (+54.0%) |
| 4BR | $3,055 | $2,692 | +$363 (+13.5%) |
| 4BR | $2,895 | $2,692 | +$203 (+7.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.