Monthly Rent Report
ZIP 60475 Rent Report — March 2023
Asking rents in ZIP 60475, Chicago, from 38 listings.
Median 1BR rent in ZIP 60475 was $945 in March 2023, up 0.5% (+$5) from February 2023 and down 5.4% year-over-year. The middle half of 1BR listings asked between $940 and $950. That puts ZIP 60475 $451 below the Chicago citywide 1BR median of $1,396. The month's figures are based on 38 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $810 | +$35 (+4.5%) | +$50 (+6.6%) | $810 – $810 | 2 |
| 1BR | $945 | +$5 (+0.5%) | −$54 (-5.4%) | $940 – $950 | 28 |
| 2BR | $1,190 | $0 (0.0%) | +$65 (+5.8%) | $1,190 – $1,199 | 4 |
| 3BR | $1,488 | +$93 (+6.6%) | +$108 (+7.8%) | $1,436 – $1,534 | 4 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
ZIP 60475 vs. Chicago — March 2023
| Bedrooms | ZIP 60475 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $810 | $1,204 | −$394 (-32.7%) |
| 1BR | $945 | $1,396 | −$451 (-32.3%) |
| 2BR | $1,190 | $1,698 | −$507 (-29.9%) |
| 3BR | $1,488 | $2,200 | −$712 (-32.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.