Monthly Rent Report
ZIP 60516 Rent Report — May 2023
Asking rents in ZIP 60516, Chicago, from 2 listings.
Median 2BR rent in ZIP 60516 was $2,100 in May 2023. The middle half of 2BR listings asked between $2,100 and $2,100. That puts ZIP 60516 $403 above the Chicago citywide 2BR median of $1,698. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $2,100 | — | — | $2,100 – $2,100 | 1 |
| 4BR | $2,950 | — | +$455 (+18.2%) | $2,950 – $2,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60516 vs. Chicago — May 2023
| Bedrooms | ZIP 60516 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 2BR | $2,100 | $1,698 | +$403 (+23.7%) |
| 4BR | $2,950 | $2,548 | +$403 (+15.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.