Monthly Rent Report
ZIP 60301 Rent Report — May 2024
Asking rents in ZIP 60301, Chicago, from 726 listings.
Median 1BR rent in ZIP 60301 was $2,268 in May 2024, down 0.1% (−$2) from April 2024 and up 62.6% year-over-year. The middle half of 1BR listings asked between $2,141 and $2,400. That puts ZIP 60301 $766 above the Chicago citywide 1BR median of $1,503. The month's figures are based on 726 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,123 | +$328 (+41.2%) | −$659 (-37.0%) | $1,109 – $1,136 | 2 |
| Studio | $1,795 | +$1,000 (+125.8%) | +$13 (+0.7%) | $1,724 – $1,874 | 90 |
| 1BR | $2,268 | −$2 (-0.1%) | +$873 (+62.6%) | $2,141 – $2,400 | 301 |
| 1BR | $2,395 | +$125 (+5.5%) | +$1,000 (+71.7%) | $2,395 – $2,395 | 1 |
| 2BR | $3,097 | +$32 (+1.0%) | −$388 (-11.1%) | $2,952 – $3,340 | 329 |
| 2BR | $2,150 | −$915 (-29.9%) | −$1,335 (-38.3%) | $2,150 – $2,150 | 1 |
| 3BR | $3,500 | −$1,057 (-23.2%) | −$1,870 (-34.8%) | $3,500 – $3,500 | 1 |
| 3BR | $3,500 | −$1,057 (-23.2%) | −$1,870 (-34.8%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60301 vs. Chicago — May 2024
| Bedrooms | ZIP 60301 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,123 | $1,196 | −$73 (-6.1%) |
| Studio | $1,795 | $1,196 | +$599 (+50.1%) |
| 1BR | $2,268 | $1,503 | +$766 (+50.9%) |
| 1BR | $2,395 | $1,503 | +$893 (+59.4%) |
| 2BR | $3,097 | $1,825 | +$1,272 (+69.7%) |
| 2BR | $2,150 | $1,825 | +$325 (+17.8%) |
| 3BR | $3,500 | $2,236 | +$1,264 (+56.5%) |
| 3BR | $3,500 | $2,236 | +$1,264 (+56.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.