Monthly Rent Report
ZIP 60505 Rent Report — February 2023
Asking rents in ZIP 60505, Chicago, from 3 listings.
Median 1BR rent in ZIP 60505 was $900 in February 2023, down 17.8% (−$195) from January 2023 and down 6.7% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts ZIP 60505 $500 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 3 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $950 | −$15 (-1.6%) | — | $950 – $950 | 2 |
| 1BR | $900 | −$195 (-17.8%) | −$65 (-6.7%) | $900 – $900 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
ZIP 60505 vs. Chicago — February 2023
| Bedrooms | ZIP 60505 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $950 | $1,149 | −$199 (-17.3%) |
| 1BR | $900 | $1,400 | −$500 (-35.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.