Monthly Rent Report
ZIP 60505 Rent Report — January 2024
Asking rents in ZIP 60505, Chicago, from 3 listings.
Median Studio rent in ZIP 60505 was $1,070 in January 2024, flat versus December 2023 and up 10.9% year-over-year. The middle half of Studio listings asked between $1,070 and $1,070. That puts ZIP 60505 $155 below the Chicago citywide Studio median of $1,225. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,070 | $0 (0.0%) | +$105 (+10.9%) | $1,070 – $1,070 | 1 |
| 2BR | $1,400 | +$150 (+12.0%) | +$105 (+8.1%) | $1,400 – $1,400 | 1 |
| 3BR | $2,030 | — | +$635 (+45.5%) | $2,030 – $2,030 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
ZIP 60505 vs. Chicago — January 2024
| Bedrooms | ZIP 60505 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,070 | $1,225 | −$155 (-12.7%) |
| 2BR | $1,400 | $1,800 | −$400 (-22.2%) |
| 3BR | $2,030 | $2,300 | −$270 (-11.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.