Monthly Rent Report
ZIP 60538 Rent Report — July 2023
Asking rents in ZIP 60538, Chicago, from 4 listings.
Median 1BR rent in ZIP 60538 was $950 in July 2023, flat versus June 2023 and up 5.6% year-over-year. The middle half of 1BR listings asked between $950 and $950. That puts ZIP 60538 $500 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $950 | $0 (0.0%) | +$50 (+5.6%) | $950 – $950 | 1 |
| 2BR | $1,100 | +$50 (+4.8%) | +$100 (+10.0%) | $1,100 – $1,100 | 1 |
| 3BR | $2,300 | +$585 (+34.1%) | +$55 (+2.4%) | $2,300 – $2,300 | 1 |
| 4BR | $1,595 | +$95 (+6.3%) | −$1,385 (-46.5%) | $1,595 – $1,595 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
ZIP 60538 vs. Chicago — July 2023
| Bedrooms | ZIP 60538 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $950 | $1,450 | −$500 (-34.5%) |
| 2BR | $1,100 | $1,795 | −$695 (-38.7%) |
| 3BR | $2,300 | $2,273 | +$28 (+1.2%) |
| 4BR | $1,595 | $2,709 | −$1,113 (-41.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.