Monthly Rent Report
ZIP 60471 Rent Report — May 2024
Asking rents in ZIP 60471, Chicago, from 7 listings.
Median 1BR rent in ZIP 60471 was $1,145 in May 2024, flat versus April 2024 and up 34.7% year-over-year. The middle half of 1BR listings asked between $1,145 and $1,145. That puts ZIP 60471 $358 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 7 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,145 | $0 (0.0%) | +$295 (+34.7%) | $1,145 – $1,145 | 4 |
| 2BR | $1,425 | $0 (0.0%) | −$175 (-10.9%) | $1,425 – $1,425 | 1 |
| 3BR | $2,064 | −$111 (-5.1%) | −$21 (-1.0%) | $2,064 – $2,064 | 1 |
| 4BR | $2,215 | +$520 (+30.7%) | −$610 (-21.6%) | $2,215 – $2,215 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60471 vs. Chicago — May 2024
| Bedrooms | ZIP 60471 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,145 | $1,503 | −$357 (-23.8%) |
| 2BR | $1,425 | $1,825 | −$400 (-21.9%) |
| 3BR | $2,064 | $2,236 | −$172 (-7.7%) |
| 4BR | $2,215 | $2,725 | −$510 (-18.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.