Monthly Rent Report
ZIP 60538 Rent Report — May 2024
Asking rents in ZIP 60538, Chicago, from 5 listings.
Median 1BR rent in ZIP 60538 was $1,150 in May 2024 and up 21.1% year-over-year. The middle half of 1BR listings asked between $1,150 and $1,150. That puts ZIP 60538 $353 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 5 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,150 | — | +$200 (+21.1%) | $1,150 – $1,150 | 2 |
| 2BR | $1,348 | +$248 (+22.5%) | +$98 (+7.8%) | $1,321 – $1,374 | 2 |
| 3BR | $1,855 | — | +$100 (+5.7%) | $1,855 – $1,855 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60538 vs. Chicago — May 2024
| Bedrooms | ZIP 60538 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,150 | $1,503 | −$352 (-23.5%) |
| 2BR | $1,348 | $1,825 | −$477 (-26.2%) |
| 3BR | $1,855 | $2,236 | −$381 (-17.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.