Monthly Rent Report
ZIP 60505 Rent Report — May 2024
Asking rents in ZIP 60505, Chicago, from 4 listings.
Median 1BR rent in ZIP 60505 was $1,165 in May 2024, down 2.9% (−$35) from April 2024. The middle half of 1BR listings asked between $1,165 and $1,165. That puts ZIP 60505 $338 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,165 | −$35 (-2.9%) | — | $1,165 – $1,165 | 1 |
| 2BR | $1,595 | $0 (0.0%) | +$95 (+6.3%) | $1,595 – $1,595 | 1 |
| 3BR | $1,800 | −$90 (-4.8%) | +$270 (+17.6%) | $1,800 – $1,800 | 1 |
| 4BR | $2,185 | — | — | $2,185 – $2,185 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60505 vs. Chicago — May 2024
| Bedrooms | ZIP 60505 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,165 | $1,503 | −$337 (-22.5%) |
| 2BR | $1,595 | $1,825 | −$230 (-12.6%) |
| 3BR | $1,800 | $2,236 | −$436 (-19.5%) |
| 4BR | $2,185 | $2,725 | −$540 (-19.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.