Monthly Rent Report
ZIP 60538 Rent Report — May 2023
Asking rents in ZIP 60538, Chicago, from 7 listings.
Median 1BR rent in ZIP 60538 was $950 in May 2023, down 2.8% (−$27) from April 2023 and unchanged year-over-year. The middle half of 1BR listings asked between $950 and $950. That puts ZIP 60538 $450 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 7 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $950 | −$27 (-2.8%) | $0 (0.0%) | $950 – $950 | 1 |
| 2BR | $1,250 | +$100 (+8.7%) | −$150 (-10.7%) | $1,100 – $1,250 | 5 |
| 3BR | $1,755 | — | +$105 (+6.4%) | $1,755 – $1,755 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60538 vs. Chicago — May 2023
| Bedrooms | ZIP 60538 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $950 | $1,400 | −$450 (-32.1%) |
| 2BR | $1,250 | $1,698 | −$447 (-26.4%) |
| 3BR | $1,755 | $2,300 | −$545 (-23.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.