Monthly Rent Report
ZIP 60706 Rent Report — August 2020
Asking rents in ZIP 60706, Chicago, from 33 listings.
Median 1BR rent in ZIP 60706 was $1,100 in August 2020, flat versus July 2020. The middle half of 1BR listings asked between $1,100 and $1,100. That puts ZIP 60706 $143 below the Chicago citywide 1BR median of $1,243. The month's figures are based on 33 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | +$88 (+9.6%) | — | $971 – $995 | 8 |
| Studio | $995 | +$88 (+9.6%) | — | $900 – $995 | 5 |
| 1BR | $1,100 | $0 (0.0%) | — | $1,100 – $1,100 | 1 |
| 1BR | $1,235 | +$135 (+12.3%) | — | $1,168 – $1,235 | 3 |
| 2BR | $1,625 | +$440 (+37.1%) | — | $1,625 – $1,625 | 6 |
| 2BR | $1,625 | +$440 (+37.1%) | — | $1,625 – $1,625 | 6 |
| 3BR | $1,318 | −$57 (-4.1%) | — | $1,318 – $1,318 | 2 |
| 3BR | $1,318 | −$57 (-4.1%) | — | $1,318 – $1,318 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2020. Changes compare against the nearest prior month with data.
ZIP 60706 vs. Chicago — August 2020
| Bedrooms | ZIP 60706 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,001 | −$6 (-0.6%) |
| Studio | $995 | $1,001 | −$6 (-0.6%) |
| 1BR | $1,100 | $1,243 | −$142 (-11.5%) |
| 1BR | $1,235 | $1,243 | −$7 (-0.6%) |
| 2BR | $1,625 | $1,590 | +$35 (+2.2%) |
| 2BR | $1,625 | $1,590 | +$35 (+2.2%) |
| 3BR | $1,318 | $1,800 | −$482 (-26.8%) |
| 3BR | $1,318 | $1,800 | −$482 (-26.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2020.