Monthly Rent Report
ZIP 60706 Rent Report — July 2020
Asking rents in ZIP 60706, Chicago, from 28 listings.
Median 1BR rent in ZIP 60706 was $1,100 in July 2020, down 5.6% (−$65) from May 2018. The middle half of 1BR listings asked between $1,030 and $1,120. That puts ZIP 60706 $93 below the Chicago citywide 1BR median of $1,193. The month's figures are based on 28 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2018 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $908 | −$42 (-4.5%) | — | $894 – $916 | 4 |
| Studio | $908 | −$42 (-4.5%) | — | $894 – $916 | 4 |
| 1BR | $1,100 | −$65 (-5.6%) | — | $1,030 – $1,120 | 5 |
| 1BR | $1,100 | −$65 (-5.6%) | — | $1,030 – $1,120 | 5 |
| 2BR | $1,186 | −$539 (-31.3%) | — | $1,180 – $1,188 | 4 |
| 2BR | $1,186 | −$539 (-31.3%) | — | $1,180 – $1,188 | 4 |
| 3BR | $1,375 | — | — | $1,375 – $1,375 | 1 |
| 3BR | $1,375 | — | — | $1,375 – $1,375 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2020. Changes compare against the nearest prior month with data.
ZIP 60706 vs. Chicago — July 2020
| Bedrooms | ZIP 60706 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $908 | $979 | −$71 (-7.3%) |
| Studio | $908 | $979 | −$71 (-7.3%) |
| 1BR | $1,100 | $1,193 | −$92 (-7.8%) |
| 1BR | $1,100 | $1,193 | −$92 (-7.8%) |
| 2BR | $1,186 | $1,529 | −$343 (-22.5%) |
| 2BR | $1,186 | $1,529 | −$343 (-22.5%) |
| 3BR | $1,375 | $1,818 | −$442 (-24.3%) |
| 3BR | $1,375 | $1,818 | −$442 (-24.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2020.