Monthly Rent Report
ZIP 60438 Rent Report — August 2024
Asking rents in ZIP 60438, Chicago, from 4 listings.
Median 1BR rent in ZIP 60438 was $975 in August 2024, down 9.7% (−$105) from July 2024 and up 8.3% year-over-year. The middle half of 1BR listings asked between $975 and $975. That puts ZIP 60438 $563 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $975 | −$105 (-9.7%) | +$75 (+8.3%) | $975 – $975 | 1 |
| 2BR | $1,300 | +$60 (+4.8%) | −$400 (-23.5%) | $1,300 – $1,300 | 1 |
| 3BR | $1,600 | −$125 (-7.2%) | −$475 (-22.9%) | $1,600 – $1,600 | 1 |
| 4BR | $1,785 | $0 (0.0%) | −$480 (-21.2%) | $1,785 – $1,785 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 60438 vs. Chicago — August 2024
| Bedrooms | ZIP 60438 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $975 | $1,538 | −$563 (-36.6%) |
| 2BR | $1,300 | $1,823 | −$522 (-28.7%) |
| 3BR | $1,600 | $2,300 | −$700 (-30.4%) |
| 4BR | $1,785 | $2,995 | −$1,210 (-40.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.