Monthly Rent Report
ZIP 60201 Rent Report — August 2024
Asking rents in ZIP 60201, Chicago, from 33 listings.
Median 1BR rent in ZIP 60201 was $2,295 in August 2024, up 24.1% (+$445) from July 2024 and up 35.4% year-over-year. The middle half of 1BR listings asked between $2,295 and $2,295. That puts ZIP 60201 $757 above the Chicago citywide 1BR median of $1,538. The month's figures are based on 33 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,025 | −$537 (-34.4%) | +$50 (+5.1%) | $1,025 – $1,025 | 1 |
| 1BR | $2,295 | +$445 (+24.1%) | +$600 (+35.4%) | $2,295 – $2,295 | 2 |
| 1BR | $1,190 | −$660 (-35.7%) | −$505 (-29.8%) | $1,190 – $1,190 | 1 |
| 2BR | $2,695 | +$450 (+20.0%) | +$483 (+21.8%) | $2,305 – $3,450 | 18 |
| 2BR | $2,200 | −$45 (-2.0%) | −$12 (-0.5%) | $2,200 – $2,200 | 1 |
| 3BR | $3,195 | +$95 (+3.1%) | −$494 (-13.4%) | $3,195 – $3,195 | 1 |
| 4BR | $3,600 | −$100 (-2.7%) | +$545 (+17.8%) | $3,050 – $4,300 | 7 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 60201 vs. Chicago — August 2024
| Bedrooms | ZIP 60201 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,025 | $1,190 | −$165 (-13.9%) |
| 1BR | $2,295 | $1,538 | +$757 (+49.2%) |
| 1BR | $1,190 | $1,538 | −$348 (-22.6%) |
| 2BR | $2,695 | $1,823 | +$873 (+47.9%) |
| 2BR | $2,200 | $1,823 | +$378 (+20.7%) |
| 3BR | $3,195 | $2,300 | +$895 (+38.9%) |
| 4BR | $3,600 | $2,995 | +$605 (+20.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.