Monthly Rent Report
ZIP 60505 Rent Report — October 2024
Asking rents in ZIP 60505, Chicago, from 6 listings.
Median 1BR rent in ZIP 60505 was $1,650 in October 2024, up 24.5% (+$325) from September 2024 and up 50.0% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,650. That puts ZIP 60505 $214 above the Chicago citywide 1BR median of $1,437. The month's figures are based on 6 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,215 | — | +$170 (+16.3%) | $1,215 – $1,215 | 1 |
| 1BR | $1,650 | +$325 (+24.5%) | +$550 (+50.0%) | $1,650 – $1,650 | 1 |
| 2BR | $1,980 | $0 (0.0%) | +$385 (+24.1%) | $1,980 – $1,980 | 1 |
| 3BR | $2,140 | +$310 (+16.9%) | +$595 (+38.5%) | $1,960 – $2,320 | 2 |
| 4BR | $2,460 | +$110 (+4.7%) | — | $2,460 – $2,460 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
ZIP 60505 vs. Chicago — October 2024
| Bedrooms | ZIP 60505 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,215 | $1,298 | −$82 (-6.4%) |
| 1BR | $1,650 | $1,437 | +$214 (+14.9%) |
| 2BR | $1,980 | $1,770 | +$211 (+11.9%) |
| 3BR | $2,140 | $2,305 | −$165 (-7.2%) |
| 4BR | $2,460 | $2,995 | −$535 (-17.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.