Monthly Rent Report
ZIP 60505 Rent Report — May 2023
Asking rents in ZIP 60505, Chicago, from 3 listings.
Median Studio rent in ZIP 60505 was $950 in May 2023. The middle half of Studio listings asked between $950 and $950. That puts ZIP 60505 $250 below the Chicago citywide Studio median of $1,200. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $950 | — | — | $950 – $950 | 1 |
| 2BR | $1,500 | −$90 (-5.7%) | +$300 (+25.0%) | $1,500 – $1,500 | 1 |
| 3BR | $1,530 | −$615 (-28.7%) | −$5 (-0.3%) | $1,530 – $1,530 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60505 vs. Chicago — May 2023
| Bedrooms | ZIP 60505 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $950 | $1,200 | −$250 (-20.8%) |
| 2BR | $1,500 | $1,698 | −$197 (-11.6%) |
| 3BR | $1,530 | $2,300 | −$770 (-33.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.