Monthly Rent Report

ZIP 60201 Rent Report — October 2023

Asking rents in ZIP 60201, Chicago, from 112 listings.

Median 1BR rent in ZIP 60201 was $2,095 in October 2023, up 23.2% (+$395) from September 2023 and up 45.0% year-over-year. The middle half of 1BR listings asked between $2,095 and $2,095. That puts ZIP 60201 $620 above the Chicago citywide 1BR median of $1,475. The month's figures are based on 112 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2023Vs. October 2022P25–P75 RangeListings
Studio$3,108+$2,133 (+218.7%)+$2,063 (+197.4%)$1,204 – $5,0004
Studio$1,045+$70 (+7.2%)$0 (0.0%)$965 – $2,31827
1BR$2,095+$395 (+23.2%)+$650 (+45.0%)$2,095 – $2,0951
1BR$1,795+$95 (+5.6%)+$350 (+24.2%)$1,795 – $1,7952
2BR$2,095−$1,451 (-40.9%)+$195 (+10.3%)$2,095 – $3,30023
2BR$1,950−$1,596 (-45.0%)+$50 (+2.6%)$1,950 – $1,9501
3BR$3,375+$675 (+25.0%)+$425 (+14.4%)$2,500 – $3,3755
3BR$3,200+$500 (+18.5%)+$250 (+8.5%)$3,200 – $3,2005
4BR$4,325+$1,900 (+78.4%)+$2,130 (+97.0%)$3,600 – $6,62512
4BR$3,900+$1,475 (+60.8%)+$1,705 (+77.7%)$3,650 – $3,90022

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

ZIP 60201 vs. ChicagoOctober 2023

BedroomsZIP 60201 MedianChicago Citywide MedianDifference
Studio$3,108$1,200+$1,908 (+159.0%)
Studio$1,045$1,200−$155 (-12.9%)
1BR$2,095$1,475+$620 (+42.0%)
1BR$1,795$1,475+$320 (+21.7%)
2BR$2,095$1,800+$295 (+16.4%)
2BR$1,950$1,800+$150 (+8.3%)
3BR$3,375$2,450+$925 (+37.8%)
3BR$3,200$2,450+$750 (+30.6%)
4BR$4,325$2,575+$1,750 (+68.0%)
4BR$3,900$2,575+$1,325 (+51.5%)

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

Advertisement