Monthly Rent Report
ZIP 60438 Rent Report — January 2023
Asking rents in ZIP 60438, Chicago, from 7 listings.
Median 1BR rent in ZIP 60438 was $999 in January 2023, up 19.3% (+$162) from December 2022 and up 11.0% year-over-year. The middle half of 1BR listings asked between $999 and $999. That puts ZIP 60438 $351 below the Chicago citywide 1BR median of $1,350. The month's figures are based on 7 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $845 | — | — | $845 – $845 | 1 |
| 1BR | $999 | +$162 (+19.3%) | +$99 (+11.0%) | $999 – $999 | 1 |
| 2BR | $1,100 | +$5 (+0.5%) | −$175 (-13.7%) | $1,050 – $1,338 | 3 |
| 3BR | $1,723 | +$28 (+1.6%) | — | $1,659 – $1,786 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
ZIP 60438 vs. Chicago — January 2023
| Bedrooms | ZIP 60438 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $845 | $1,061 | −$216 (-20.4%) |
| 1BR | $999 | $1,350 | −$351 (-26.0%) |
| 2BR | $1,100 | $1,698 | −$597 (-35.2%) |
| 3BR | $1,723 | $2,123 | −$400 (-18.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.