Monthly Rent Report
ZIP 60475 Rent Report — August 2023
Asking rents in ZIP 60475, Chicago, from 27 listings.
Median 1BR rent in ZIP 60475 was $1,010 in August 2023, flat versus July 2023 and up 7.4% year-over-year. The middle half of 1BR listings asked between $1,010 and $1,043. That puts ZIP 60475 $510 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 27 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $865 | $0 (0.0%) | +$90 (+11.6%) | $865 – $865 | 4 |
| 1BR | $1,010 | $0 (0.0%) | +$70 (+7.4%) | $1,010 – $1,043 | 19 |
| 2BR | $1,300 | $0 (0.0%) | +$110 (+9.2%) | $1,300 – $1,300 | 3 |
| 3BR | $1,745 | $0 (0.0%) | +$303 (+21.0%) | $1,745 – $1,745 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60475 vs. Chicago — August 2023
| Bedrooms | ZIP 60475 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $865 | $1,250 | −$385 (-30.8%) |
| 1BR | $1,010 | $1,520 | −$510 (-33.6%) |
| 2BR | $1,300 | $1,808 | −$507 (-28.1%) |
| 3BR | $1,745 | $2,395 | −$650 (-27.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.