Monthly Rent Report
ZIP 60201 Rent Report — March 2024
Asking rents in ZIP 60201, Chicago, from 964 listings.
Median 1BR rent in ZIP 60201 was $1,745 in March 2024, down 34.9% (−$935) from February 2024 and up 20.3% year-over-year. The middle half of 1BR listings asked between $1,670 and $1,745. That puts ZIP 60201 $241 above the Chicago citywide 1BR median of $1,505. The month's figures are based on 964 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,040 | +$690 (+51.1%) | +$845 (+70.7%) | $2,007 – $2,072 | 2 |
| Studio | $2,199 | +$849 (+62.9%) | +$1,004 (+84.0%) | $1,250 – $2,366 | 113 |
| 1BR | $1,745 | −$935 (-34.9%) | +$295 (+20.3%) | $1,670 – $1,745 | 3 |
| 1BR | $2,736 | +$56 (+2.1%) | +$1,286 (+88.7%) | $2,296 – $2,931 | 422 |
| 2BR | $3,258 | +$1,263 (+63.3%) | +$1,116 (+52.1%) | $1,995 – $3,745 | 243 |
| 2BR | $2,850 | +$855 (+42.9%) | +$708 (+33.0%) | $2,850 – $2,850 | 1 |
| 3BR | $4,200 | +$1,000 (+31.3%) | +$1,300 (+44.8%) | $3,000 – $4,404 | 90 |
| 3BR | $2,995 | −$205 (-6.4%) | +$95 (+3.3%) | $2,995 – $2,995 | 1 |
| 4BR | $2,995 | −$2,505 (-45.5%) | +$245 (+8.9%) | $2,895 – $2,995 | 23 |
| 4BR | $2,945 | −$2,555 (-46.5%) | +$195 (+7.1%) | $2,795 – $3,540 | 20 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
ZIP 60201 vs. Chicago — March 2024
| Bedrooms | ZIP 60201 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,040 | $1,225 | +$815 (+66.5%) |
| Studio | $2,199 | $1,225 | +$974 (+79.5%) |
| 1BR | $1,745 | $1,505 | +$241 (+16.0%) |
| 1BR | $2,736 | $1,505 | +$1,232 (+81.9%) |
| 2BR | $3,258 | $1,900 | +$1,358 (+71.5%) |
| 2BR | $2,850 | $1,900 | +$950 (+50.0%) |
| 3BR | $4,200 | $2,250 | +$1,950 (+86.7%) |
| 3BR | $2,995 | $2,250 | +$745 (+33.1%) |
| 4BR | $2,995 | $2,650 | +$345 (+13.0%) |
| 4BR | $2,945 | $2,650 | +$295 (+11.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.