Monthly Rent Report
ZIP 60514 Rent Report — February 2022
Asking rents in ZIP 60514, Chicago, from 6 listings.
Median 1BR rent in ZIP 60514 was $1,645 in February 2022, up 19.1% (+$264) from January 2022 and up 11.2% year-over-year. The middle half of 1BR listings asked between $1,620 and $1,670. That puts ZIP 60514 $395 above the Chicago citywide 1BR median of $1,250. The month's figures are based on 6 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2022 | Vs. February 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,645 | +$264 (+19.1%) | +$166 (+11.2%) | $1,620 – $1,670 | 2 |
| 2BR | $1,553 | +$10 (+0.6%) | +$63 (+4.2%) | $1,533 – $1,585 | 3 |
| 3BR | $2,225 | +$230 (+11.5%) | — | $2,225 – $2,225 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2022. Changes compare against the nearest prior month with data.
ZIP 60514 vs. Chicago — February 2022
| Bedrooms | ZIP 60514 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,645 | $1,250 | +$395 (+31.6%) |
| 2BR | $1,553 | $1,600 | −$47 (-2.9%) |
| 3BR | $2,225 | $1,795 | +$430 (+24.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2022.