Monthly Rent Report
ZIP 60458 Rent Report — May 2023
Asking rents in ZIP 60458, Chicago, from 58 listings.
Median 1BR rent in ZIP 60458 was $900 in May 2023, down 17.1% (−$185) from April 2023 and down 7.9% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts ZIP 60458 $500 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 58 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $900 | −$185 (-17.1%) | −$77 (-7.9%) | $900 – $900 | 1 |
| 2BR | $1,300 | −$5 (-0.4%) | +$138 (+11.8%) | $1,300 – $1,325 | 39 |
| 3BR | $1,690 | +$30 (+1.8%) | +$315 (+22.9%) | $1,595 – $1,826 | 18 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60458 vs. Chicago — May 2023
| Bedrooms | ZIP 60458 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $900 | $1,400 | −$500 (-35.7%) |
| 2BR | $1,300 | $1,698 | −$397 (-23.4%) |
| 3BR | $1,690 | $2,300 | −$610 (-26.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.