Monthly Rent Report
ZIP 60505 Rent Report — December 2023
Asking rents in ZIP 60505, Chicago, from 4 listings.
Median 1BR rent in ZIP 60505 was $1,295 in December 2023 and up 12.6% year-over-year. The middle half of 1BR listings asked between $1,295 and $1,295. That puts ZIP 60505 $160 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,070 | — | +$120 (+12.6%) | $1,070 – $1,070 | 1 |
| 1BR | $1,295 | — | +$145 (+12.6%) | $1,295 – $1,295 | 1 |
| 2BR | $1,250 | −$345 (-21.6%) | −$45 (-3.5%) | $1,250 – $1,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
ZIP 60505 vs. Chicago — December 2023
| Bedrooms | ZIP 60505 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,070 | $1,218 | −$147 (-12.1%) |
| 1BR | $1,295 | $1,455 | −$160 (-11.0%) |
| 2BR | $1,250 | $1,800 | −$550 (-30.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.