Monthly Rent Report
ZIP 60504 Rent Report — May 2024
Asking rents in ZIP 60504, Chicago, from 28 listings.
Median 1BR rent in ZIP 60504 was $1,722 in May 2024, up 14.5% (+$219) from April 2024 and up 14.4% year-over-year. The middle half of 1BR listings asked between $1,612 and $1,782. That puts ZIP 60504 $219 above the Chicago citywide 1BR median of $1,503. The month's figures are based on 28 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,722 | +$219 (+14.5%) | +$217 (+14.4%) | $1,612 – $1,782 | 8 |
| 2BR | $2,145 | +$209 (+10.8%) | +$432 (+25.2%) | $1,814 – $2,220 | 17 |
| 3BR | $2,599 | +$149 (+6.1%) | +$382 (+17.2%) | $2,599 – $2,599 | 1 |
| 4BR | $2,608 | +$98 (+3.9%) | — | $2,591 – $2,624 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60504 vs. Chicago — May 2024
| Bedrooms | ZIP 60504 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,722 | $1,503 | +$219 (+14.6%) |
| 2BR | $2,145 | $1,825 | +$320 (+17.5%) |
| 3BR | $2,599 | $2,236 | +$363 (+16.2%) |
| 4BR | $2,608 | $2,725 | −$117 (-4.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.