Monthly Rent Report
ZIP 60475 Rent Report — January 2023
Asking rents in ZIP 60475, Chicago, from 42 listings.
Median 1BR rent in ZIP 60475 was $940 in January 2023, up 21.3% (+$165) from December 2022 and up 1.6% year-over-year. The middle half of 1BR listings asked between $940 and $940. That puts ZIP 60475 $410 below the Chicago citywide 1BR median of $1,350. The month's figures are based on 42 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $775 | — | −$60 (-7.2%) | $775 – $775 | 2 |
| 1BR | $940 | +$165 (+21.3%) | +$15 (+1.6%) | $940 – $940 | 20 |
| 2BR | $1,190 | $0 (0.0%) | +$165 (+16.1%) | $1,190 – $1,190 | 17 |
| 3BR | $1,430 | +$35 (+2.5%) | −$370 (-20.6%) | $1,413 – $1,430 | 3 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
ZIP 60475 vs. Chicago — January 2023
| Bedrooms | ZIP 60475 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $775 | $1,061 | −$286 (-27.0%) |
| 1BR | $940 | $1,350 | −$410 (-30.4%) |
| 2BR | $1,190 | $1,698 | −$507 (-29.9%) |
| 3BR | $1,430 | $2,123 | −$692 (-32.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.