Monthly Rent Report
ZIP 60438 Rent Report — May 2023
Asking rents in ZIP 60438, Chicago, from 3 listings.
Median 2BR rent in ZIP 60438 was $1,200 in May 2023, up 26.3% (+$250) from April 2023 and up 20.0% year-over-year. The middle half of 2BR listings asked between $1,200 and $1,200. That puts ZIP 60438 $498 below the Chicago citywide 2BR median of $1,698. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $1,200 | +$250 (+26.3%) | +$200 (+20.0%) | $1,200 – $1,200 | 1 |
| 3BR | $1,825 | +$180 (+10.9%) | +$25 (+1.4%) | $1,825 – $1,825 | 1 |
| 4BR | $2,265 | +$265 (+13.3%) | +$740 (+48.5%) | $2,265 – $2,265 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60438 vs. Chicago — May 2023
| Bedrooms | ZIP 60438 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 2BR | $1,200 | $1,698 | −$497 (-29.3%) |
| 3BR | $1,825 | $2,300 | −$475 (-20.7%) |
| 4BR | $2,265 | $2,548 | −$282 (-11.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.