Monthly Rent Report
ZIP 60505 Rent Report — April 2024
Asking rents in ZIP 60505, Chicago, from 4 listings.
Median 1BR rent in ZIP 60505 was $1,200 in April 2024, down 7.3% (−$95) from March 2024 and down 24.5% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts ZIP 60505 $300 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,000 | −$70 (-6.5%) | — | $1,000 – $1,000 | 1 |
| 1BR | $1,200 | −$95 (-7.3%) | −$390 (-24.5%) | $1,200 – $1,200 | 1 |
| 2BR | $1,595 | — | +$5 (+0.3%) | $1,595 – $1,595 | 1 |
| 3BR | $1,890 | +$105 (+5.9%) | −$255 (-11.9%) | $1,890 – $1,890 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
ZIP 60505 vs. Chicago — April 2024
| Bedrooms | ZIP 60505 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,000 | $1,222 | −$222 (-18.2%) |
| 1BR | $1,200 | $1,500 | −$300 (-20.0%) |
| 2BR | $1,595 | $1,850 | −$255 (-13.8%) |
| 3BR | $1,890 | $2,300 | −$410 (-17.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.