Monthly Rent Report
ZIP 60301 Rent Report — May 2023
Asking rents in ZIP 60301, Chicago, from 521 listings.
Median 1BR rent in ZIP 60301 was $1,395 in May 2023, up 11.6% (+$145) from April 2023 and up 16.7% year-over-year. The middle half of 1BR listings asked between $1,395 and $1,395. That puts ZIP 60301 in line with the Chicago citywide 1BR median of $1,400. The month's figures are based on 521 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,810 | +$760 (+72.4%) | +$122 (+7.2%) | $1,664 – $1,907 | 43 |
| Studio | $1,782 | +$732 (+69.7%) | +$94 (+5.6%) | $1,664 – $1,895 | 65 |
| 1BR | $1,395 | +$145 (+11.6%) | +$200 (+16.7%) | $1,395 – $1,395 | 1 |
| 1BR | $2,296 | +$1,046 (+83.7%) | +$1,101 (+92.1%) | $1,981 – $2,561 | 142 |
| 2BR | $3,408 | +$601 (+21.4%) | +$506 (+17.4%) | $2,876 – $3,945 | 147 |
| 2BR | $3,485 | +$678 (+24.2%) | +$583 (+20.1%) | $2,782 – $4,035 | 97 |
| 3BR | $5,370 | +$2,220 (+70.5%) | +$1,213 (+29.2%) | $4,728 – $5,598 | 7 |
| 3BR | $4,750 | +$1,600 (+50.8%) | +$593 (+14.3%) | $3,150 – $5,415 | 17 |
| 4BR | $2,565 | $0 (0.0%) | — | $2,565 – $2,565 | 1 |
| 4BR | $2,565 | $0 (0.0%) | — | $2,565 – $2,565 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60301 vs. Chicago — May 2023
| Bedrooms | ZIP 60301 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,810 | $1,200 | +$610 (+50.8%) |
| Studio | $1,782 | $1,200 | +$582 (+48.5%) |
| 1BR | $1,395 | $1,400 | −$5 (-0.4%) |
| 1BR | $2,296 | $1,400 | +$896 (+64.0%) |
| 2BR | $3,408 | $1,698 | +$1,711 (+100.8%) |
| 2BR | $3,485 | $1,698 | +$1,788 (+105.3%) |
| 3BR | $5,370 | $2,300 | +$3,070 (+133.5%) |
| 3BR | $4,750 | $2,300 | +$2,450 (+106.5%) |
| 4BR | $2,565 | $2,548 | +$18 (+0.7%) |
| 4BR | $2,565 | $2,548 | +$18 (+0.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.