Monthly Rent Report
ZIP 60475 Rent Report — May 2024
Asking rents in ZIP 60475, Chicago, from 38 listings.
Median 1BR rent in ZIP 60475 was $1,035 in May 2024, flat versus April 2024 and up 8.9% year-over-year. The middle half of 1BR listings asked between $1,035 and $1,135. That puts ZIP 60475 $468 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 38 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | +$70 (+7.6%) | +$185 (+22.8%) | $995 – $995 | 1 |
| 1BR | $1,035 | $0 (0.0%) | +$85 (+8.9%) | $1,035 – $1,135 | 25 |
| 2BR | $1,290 | $0 (0.0%) | +$165 (+14.7%) | $1,290 – $1,290 | 11 |
| 3BR | $1,685 | +$90 (+5.6%) | +$180 (+12.0%) | $1,685 – $1,685 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60475 vs. Chicago — May 2024
| Bedrooms | ZIP 60475 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,196 | −$201 (-16.8%) |
| 1BR | $1,035 | $1,503 | −$467 (-31.1%) |
| 2BR | $1,290 | $1,825 | −$535 (-29.3%) |
| 3BR | $1,685 | $2,236 | −$551 (-24.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.