Monthly Rent Report
ZIP 60201 Rent Report — May 2024
Asking rents in ZIP 60201, Chicago, from 1,302 listings.
Median 1BR rent in ZIP 60201 was $2,535 in May 2024, down 1.6% (−$40) from April 2024 and down 2.5% year-over-year. The middle half of 1BR listings asked between $2,020 and $2,720. That puts ZIP 60201 $1,033 above the Chicago citywide 1BR median of $1,503. The month's figures are based on 1,302 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,175 | +$755 (+53.1%) | +$1,015 (+87.5%) | $2,162 – $2,187 | 2 |
| Studio | $2,271 | +$851 (+59.9%) | +$1,111 (+95.8%) | $1,343 – $2,427 | 151 |
| 1BR | $2,535 | −$40 (-1.6%) | −$64 (-2.5%) | $2,020 – $2,720 | 678 |
| 1BR | $1,455 | −$1,120 (-43.5%) | −$1,144 (-44.0%) | $1,310 – $1,600 | 2 |
| 2BR | $3,333 | +$736 (+28.3%) | +$833 (+33.3%) | $1,955 – $3,807 | 357 |
| 2BR | $2,155 | −$442 (-17.0%) | −$345 (-13.8%) | $2,155 – $2,155 | 1 |
| 3BR | $2,800 | −$1,350 (-32.5%) | −$380 (-11.9%) | $2,800 – $2,800 | 1 |
| 3BR | $1,986 | −$2,164 (-52.1%) | −$1,194 (-37.5%) | $1,949 – $2,023 | 20 |
| 4BR | $2,795 | $0 (0.0%) | +$123 (+4.6%) | $2,750 – $3,275 | 27 |
| 4BR | $5,500 | +$2,705 (+96.8%) | +$2,828 (+105.8%) | $5,500 – $5,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60201 vs. Chicago — May 2024
| Bedrooms | ZIP 60201 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,175 | $1,196 | +$979 (+81.8%) |
| Studio | $2,271 | $1,196 | +$1,075 (+89.9%) |
| 1BR | $2,535 | $1,503 | +$1,033 (+68.7%) |
| 1BR | $1,455 | $1,503 | −$47 (-3.2%) |
| 2BR | $3,333 | $1,825 | +$1,508 (+82.6%) |
| 2BR | $2,155 | $1,825 | +$330 (+18.1%) |
| 3BR | $2,800 | $2,236 | +$564 (+25.2%) |
| 3BR | $1,986 | $2,236 | −$250 (-11.2%) |
| 4BR | $2,795 | $2,725 | +$70 (+2.6%) |
| 4BR | $5,500 | $2,725 | +$2,775 (+101.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.