Monthly Rent Report

ZIP 60201 Rent Report — February 2024

Asking rents in ZIP 60201, Chicago, from 923 listings.

Median 1BR rent in ZIP 60201 was $2,170 in February 2024, up 40.0% (+$620) from January 2024 and up 45.9% year-over-year. The middle half of 1BR listings asked between $1,708 and $2,603. That puts ZIP 60201 $670 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 923 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2024Vs. February 2023P25–P75 RangeListings
Studio$1,350+$38 (+2.9%)+$75 (+5.9%)$1,250 – $2,33184
Studio$1,350+$38 (+2.9%)+$75 (+5.9%)$1,263 – $2,32159
1BR$2,170+$620 (+40.0%)+$683 (+45.9%)$1,708 – $2,6034
1BR$2,680+$1,130 (+72.9%)+$1,193 (+80.2%)$1,730 – $2,965325
2BR$2,385+$390 (+19.5%)+$255 (+11.9%)$1,975 – $3,581298
2BR$1,995$0 (0.0%)−$135 (-6.3%)$1,995 – $1,9951
3BR$2,995−$1,005 (-25.1%)+$495 (+19.8%)$2,995 – $2,9951
3BR$3,200−$800 (-20.0%)+$700 (+28.0%)$2,995 – $4,419100
4BR$2,998+$173 (+6.1%)−$1,752 (-36.9%)$2,924 – $3,85038
4BR$5,500+$2,675 (+94.7%)+$750 (+15.8%)$4,750 – $6,2507

Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.

ZIP 60201 vs. ChicagoFebruary 2024

BedroomsZIP 60201 MedianChicago Citywide MedianDifference
Studio$1,350$1,211+$139 (+11.5%)
Studio$1,350$1,211+$139 (+11.5%)
1BR$2,170$1,500+$670 (+44.7%)
1BR$2,680$1,500+$1,180 (+78.7%)
2BR$2,385$1,813+$572 (+31.6%)
2BR$1,995$1,813+$183 (+10.1%)
3BR$2,995$2,300+$695 (+30.2%)
3BR$3,200$2,300+$900 (+39.1%)
4BR$2,998$2,792+$206 (+7.4%)
4BR$5,500$2,792+$2,709 (+97.0%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.

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