Monthly Rent Report
ZIP 60505 Rent Report — August 2024
Asking rents in ZIP 60505, Chicago, from 4 listings.
Median 2BR rent in ZIP 60505 was $1,623 in August 2024, up 26.8% (+$343) from July 2024 and down 4.6% year-over-year. The middle half of 2BR listings asked between $1,609 and $1,636. That puts ZIP 60505 $200 below the Chicago citywide 2BR median of $1,823. The month's figures are based on 4 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $1,623 | +$343 (+26.8%) | −$77 (-4.6%) | $1,609 – $1,636 | 2 |
| 3BR | $2,520 | +$653 (+34.9%) | +$775 (+44.4%) | $2,520 – $2,520 | 1 |
| 4BR | $2,515 | $0 (0.0%) | +$15 (+0.6%) | $2,515 – $2,515 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 60505 vs. Chicago — August 2024
| Bedrooms | ZIP 60505 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 2BR | $1,623 | $1,823 | −$200 (-11.0%) |
| 3BR | $2,520 | $2,300 | +$220 (+9.6%) |
| 4BR | $2,515 | $2,995 | −$480 (-16.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.