Monthly Rent Report
ZIP 60505 Rent Report — October 2023
Asking rents in ZIP 60505, Chicago, from 4 listings.
Median 1BR rent in ZIP 60505 was $1,100 in October 2023. The middle half of 1BR listings asked between $1,100 and $1,100. That puts ZIP 60505 $375 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,045 | +$70 (+7.2%) | — | $1,045 – $1,045 | 1 |
| 1BR | $1,100 | — | — | $1,100 – $1,100 | 1 |
| 2BR | $1,595 | +$25 (+1.6%) | +$315 (+24.6%) | $1,595 – $1,595 | 1 |
| 3BR | $1,545 | +$20 (+1.3%) | — | $1,545 – $1,545 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
ZIP 60505 vs. Chicago — October 2023
| Bedrooms | ZIP 60505 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,045 | $1,200 | −$155 (-12.9%) |
| 1BR | $1,100 | $1,475 | −$375 (-25.4%) |
| 2BR | $1,595 | $1,800 | −$205 (-11.4%) |
| 3BR | $1,545 | $2,450 | −$905 (-36.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.