Monthly Rent Report
ZIP 60505 Rent Report — March 2024
Asking rents in ZIP 60505, Chicago, from 6 listings.
Median 1BR rent in ZIP 60505 was $1,295 in March 2024, up 17.7% (+$195) from February 2024. The middle half of 1BR listings asked between $1,259 and $1,303. That puts ZIP 60505 $210 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 6 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,070 | +$120 (+12.6%) | — | $1,070 – $1,070 | 1 |
| 1BR | $1,295 | +$195 (+17.7%) | — | $1,259 – $1,303 | 4 |
| 3BR | $1,785 | +$635 (+55.2%) | −$10 (-0.6%) | $1,785 – $1,785 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
ZIP 60505 vs. Chicago — March 2024
| Bedrooms | ZIP 60505 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,070 | $1,225 | −$155 (-12.7%) |
| 1BR | $1,295 | $1,505 | −$209 (-13.9%) |
| 3BR | $1,785 | $2,250 | −$465 (-20.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.