Monthly Rent Report
ZIP 60301 Rent Report — August 2023
Asking rents in ZIP 60301, Chicago, from 261 listings.
Median 1BR rent in ZIP 60301 was $2,310 in August 2023, up 4.5% (+$100) from July 2023 and up 30.1% year-over-year. The middle half of 1BR listings asked between $2,179 and $2,416. That puts ZIP 60301 $790 above the Chicago citywide 1BR median of $1,520. The month's figures are based on 261 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | −$100 (-9.1%) | $0 (0.0%) | $995 – $995 | 1 |
| Studio | $1,850 | +$755 (+68.9%) | +$855 (+85.9%) | $1,784 – $1,937 | 23 |
| 1BR | $2,310 | +$100 (+4.5%) | +$534 (+30.1%) | $2,179 – $2,416 | 49 |
| 1BR | $1,774 | −$436 (-19.7%) | −$2 (-0.1%) | $1,774 – $1,774 | 1 |
| 2BR | $3,388 | −$7 (-0.2%) | +$888 (+35.5%) | $2,701 – $3,780 | 51 |
| 2BR | $3,608 | +$213 (+6.3%) | +$1,108 (+44.3%) | $3,133 – $3,870 | 124 |
| 3BR | $5,745 | +$290 (+5.3%) | +$1,588 (+38.2%) | $5,413 – $5,770 | 3 |
| 3BR | $5,425 | −$30 (-0.5%) | +$1,268 (+30.5%) | $4,920 – $5,550 | 9 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60301 vs. Chicago — August 2023
| Bedrooms | ZIP 60301 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,250 | −$255 (-20.4%) |
| Studio | $1,850 | $1,250 | +$600 (+48.0%) |
| 1BR | $2,310 | $1,520 | +$790 (+52.0%) |
| 1BR | $1,774 | $1,520 | +$254 (+16.7%) |
| 2BR | $3,388 | $1,808 | +$1,581 (+87.4%) |
| 2BR | $3,608 | $1,808 | +$1,800 (+99.6%) |
| 3BR | $5,745 | $2,395 | +$3,350 (+139.9%) |
| 3BR | $5,425 | $2,395 | +$3,030 (+126.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.