Monthly Rent Report

ZIP 60516 Rent Report — September 2023

Asking rents in ZIP 60516, Chicago, from 2 listings.

Median 2BR rent in ZIP 60516 was $1,850 in September 2023, down 11.9% (−$250) from May 2023. The middle half of 2BR listings asked between $1,850 and $1,850. That puts ZIP 60516 $113 above the Chicago citywide 2BR median of $1,738. The month's figures are based on 2 listings across 2 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2023Vs. Year AgoP25–P75 RangeListings
2BR$1,850−$250 (-11.9%)$1,850 – $1,8501
3BR$2,550$2,550 – $2,5501

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

ZIP 60516 vs. ChicagoSeptember 2023

BedroomsZIP 60516 MedianChicago Citywide MedianDifference
2BR$1,850$1,738+$113 (+6.5%)
3BR$2,550$2,327+$223 (+9.6%)

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

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