Monthly Rent Report
ZIP 60301 Rent Report — August 2024
Asking rents in ZIP 60301, Chicago, from 171 listings.
Median 1BR rent in ZIP 60301 was $1,395 in August 2024, down 36.4% (−$798) from July 2024 and down 21.4% year-over-year. The middle half of 1BR listings asked between $1,395 and $1,395. That puts ZIP 60301 $143 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 171 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,865 | +$715 (+62.2%) | +$15 (+0.8%) | $1,695 – $1,962 | 156 |
| 1BR | $1,395 | −$798 (-36.4%) | −$379 (-21.4%) | $1,395 – $1,395 | 1 |
| 2BR | $7,500 | +$5,855 (+355.9%) | +$4,112 (+121.4%) | $7,000 – $7,500 | 3 |
| 3BR | $4,000 | −$610 (-13.2%) | −$1,425 (-26.3%) | $3,625 – $4,895 | 11 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 60301 vs. Chicago — August 2024
| Bedrooms | ZIP 60301 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,865 | $1,190 | +$675 (+56.7%) |
| 1BR | $1,395 | $1,538 | −$143 (-9.3%) |
| 2BR | $7,500 | $1,823 | +$5,678 (+311.5%) |
| 3BR | $4,000 | $2,300 | +$1,700 (+73.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.