Monthly Rent Report
ZIP 60438 Rent Report — August 2023
Asking rents in ZIP 60438, Chicago, from 4 listings.
Median 1BR rent in ZIP 60438 was $900 in August 2023, down 18.2% (−$200) from July 2023 and down 14.3% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts ZIP 60438 $620 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $900 | −$200 (-18.2%) | −$150 (-14.3%) | $900 – $900 | 1 |
| 2BR | $1,700 | +$200 (+13.3%) | +$550 (+47.8%) | $1,700 – $1,700 | 1 |
| 3BR | $2,075 | −$30 (-1.4%) | +$125 (+6.4%) | $2,075 – $2,075 | 1 |
| 4BR | $2,265 | −$230 (-9.2%) | — | $2,265 – $2,265 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60438 vs. Chicago — August 2023
| Bedrooms | ZIP 60438 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $900 | $1,520 | −$620 (-40.8%) |
| 2BR | $1,700 | $1,808 | −$107 (-5.9%) |
| 3BR | $2,075 | $2,395 | −$320 (-13.4%) |
| 4BR | $2,265 | $2,692 | −$427 (-15.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.