Monthly Rent Report

ZIP 60201 Rent Report — December 2023

Asking rents in ZIP 60201, Chicago, from 120 listings.

Median 1BR rent in ZIP 60201 was $2,605 in December 2023, up 53.7% (+$910) from November 2023 and up 80.3% year-over-year. The middle half of 1BR listings asked between $2,328 and $2,605. That puts ZIP 60201 $1,150 above the Chicago citywide 1BR median of $1,455. The month's figures are based on 120 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2023Vs. December 2022P25–P75 RangeListings
Studio$995−$30 (-2.9%)−$1,607 (-61.8%)$995 – $9951
Studio$2,273+$1,248 (+121.8%)−$329 (-12.6%)$1,295 – $2,33985
1BR$2,605+$910 (+53.7%)+$1,160 (+80.3%)$2,328 – $2,6054
1BR$1,550−$145 (-8.6%)+$105 (+7.3%)$1,550 – $1,5501
2BR$2,850+$578 (+25.4%)+$225 (+8.6%)$2,609 – $3,3888
2BR$2,095−$177 (-7.8%)−$530 (-20.2%)$2,095 – $2,0951
3BR$3,799$0 (0.0%)+$509 (+15.5%)$3,799 – $3,7991
3BR$4,440+$641 (+16.9%)+$1,150 (+35.0%)$4,370 – $4,5102
4BR$7,000+$1,500 (+27.3%)+$2,275 (+48.1%)$7,000 – $7,0001
4BR$7,000+$1,500 (+27.3%)+$2,275 (+48.1%)$7,000 – $7,0001

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

ZIP 60201 vs. ChicagoDecember 2023

BedroomsZIP 60201 MedianChicago Citywide MedianDifference
Studio$995$1,218−$222 (-18.3%)
Studio$2,273$1,218+$1,056 (+86.7%)
1BR$2,605$1,455+$1,150 (+79.0%)
1BR$1,550$1,455+$95 (+6.5%)
2BR$2,850$1,800+$1,050 (+58.3%)
2BR$2,095$1,800+$295 (+16.4%)
3BR$3,799$2,472+$1,327 (+53.7%)
3BR$4,440$2,472+$1,968 (+79.6%)
4BR$7,000$2,630+$4,370 (+166.2%)
4BR$7,000$2,630+$4,370 (+166.2%)

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

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