Monthly Rent Report

ZIP 60516 Rent Report — January 2023

Asking rents in ZIP 60516, Chicago, from 1 listing.

Median 3BR rent in ZIP 60516 was $900 in January 2023, down 64.7% (−$1,650) from October 2022. The middle half of 3BR listings asked between $900 and $900. That puts ZIP 60516 $1,223 below the Chicago citywide 3BR median of $2,123. The month's figures are based on 1 listing across 1 bedroom category.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2022Vs. Year AgoP25–P75 RangeListings
3BR$900−$1,650 (-64.7%)$900 – $9001

Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.

ZIP 60516 vs. ChicagoJanuary 2023

BedroomsZIP 60516 MedianChicago Citywide MedianDifference
3BR$900$2,123−$1,222 (-57.6%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.

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