Monthly Rent Report
ZIP 60514 Rent Report — May 2022
Asking rents in ZIP 60514, Chicago, from 4 listings.
Median 1BR rent in ZIP 60514 was $1,745 in May 2022 and up 15.0% year-over-year. The middle half of 1BR listings asked between $1,720 and $1,770. That puts ZIP 60514 $448 above the Chicago citywide 1BR median of $1,298. The month's figures are based on 4 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | — | — | $1,295 – $1,295 | 1 |
| 1BR | $1,745 | — | +$228 (+15.0%) | $1,720 – $1,770 | 2 |
| 4BR | $3,500 | — | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
ZIP 60514 vs. Chicago — May 2022
| Bedrooms | ZIP 60514 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,050 | +$245 (+23.3%) |
| 1BR | $1,745 | $1,298 | +$448 (+34.5%) |
| 4BR | $3,500 | $2,600 | +$900 (+34.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2022.