Monthly Rent Report
ZIP 60475 Rent Report — May 2023
Asking rents in ZIP 60475, Chicago, from 27 listings.
Median 1BR rent in ZIP 60475 was $950 in May 2023, flat versus April 2023 and up 2.7% year-over-year. The middle half of 1BR listings asked between $950 and $950. That puts ZIP 60475 $450 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 27 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $810 | $0 (0.0%) | — | $810 – $820 | 7 |
| 1BR | $950 | $0 (0.0%) | +$25 (+2.7%) | $950 – $950 | 17 |
| 2BR | $1,125 | −$100 (-8.2%) | −$50 (-4.3%) | $1,125 – $1,125 | 1 |
| 3BR | $1,505 | +$55 (+3.8%) | +$125 (+9.1%) | $1,478 – $1,533 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60475 vs. Chicago — May 2023
| Bedrooms | ZIP 60475 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $810 | $1,200 | −$390 (-32.5%) |
| 1BR | $950 | $1,400 | −$450 (-32.1%) |
| 2BR | $1,125 | $1,698 | −$572 (-33.7%) |
| 3BR | $1,505 | $2,300 | −$795 (-34.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.