Monthly Rent Report
ZIP 60203 Rent Report — August 2023
Asking rents in ZIP 60203, Chicago, from 13 listings.
Median 3BR rent in ZIP 60203 was $3,005 in August 2023, up 9.3% (+$255) from July 2023 and down 1.0% year-over-year. The middle half of 3BR listings asked between $2,950 and $3,005. That puts ZIP 60203 $610 above the Chicago citywide 3BR median of $2,395. The month's figures are based on 13 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $2,450 | −$100 (-3.9%) | — | $2,325 – $2,575 | 2 |
| 2BR | $2,700 | +$150 (+5.9%) | — | $2,450 – $2,800 | 3 |
| 3BR | $2,600 | −$150 (-5.5%) | −$435 (-14.3%) | $2,600 – $2,600 | 1 |
| 3BR | $3,005 | +$255 (+9.3%) | −$30 (-1.0%) | $2,950 – $3,005 | 7 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60203 vs. Chicago — August 2023
| Bedrooms | ZIP 60203 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 2BR | $2,450 | $1,808 | +$643 (+35.5%) |
| 2BR | $2,700 | $1,808 | +$893 (+49.4%) |
| 3BR | $2,600 | $2,395 | +$205 (+8.6%) |
| 3BR | $3,005 | $2,395 | +$610 (+25.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.