Monthly Rent Report
ZIP 60505 Rent Report — September 2023
Asking rents in ZIP 60505, Chicago, from 5 listings.
Median 2BR rent in ZIP 60505 was $1,570 in September 2023, down 7.6% (−$130) from August 2023 and up 20.8% year-over-year. The middle half of 2BR listings asked between $1,570 and $1,570. That puts ZIP 60505 $168 below the Chicago citywide 2BR median of $1,738. The month's figures are based on 5 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $975 | — | +$125 (+14.7%) | $975 – $975 | 1 |
| 2BR | $1,570 | −$130 (-7.6%) | +$270 (+20.8%) | $1,570 – $1,570 | 3 |
| 3BR | $1,525 | −$220 (-12.6%) | — | $1,525 – $1,525 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
ZIP 60505 vs. Chicago — September 2023
| Bedrooms | ZIP 60505 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $975 | $1,238 | −$262 (-21.2%) |
| 2BR | $1,570 | $1,738 | −$167 (-9.6%) |
| 3BR | $1,525 | $2,327 | −$802 (-34.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.