Monthly Rent Report
ZIP 60706 Rent Report — August 2023
Asking rents in ZIP 60706, Chicago, from 3 listings.
Median 2BR rent in ZIP 60706 was $1,975 in August 2023, up 38.6% (+$550) from July 2023 and up 36.2% year-over-year. The middle half of 2BR listings asked between $1,975 and $1,975. That puts ZIP 60706 $168 above the Chicago citywide 2BR median of $1,808. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $1,975 | +$550 (+38.6%) | +$525 (+36.2%) | $1,975 – $1,975 | 1 |
| 2BR | $1,425 | $0 (0.0%) | −$25 (-1.7%) | $1,425 – $1,425 | 1 |
| 3BR | $2,450 | −$300 (-10.9%) | +$250 (+11.4%) | $2,450 – $2,450 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60706 vs. Chicago — August 2023
| Bedrooms | ZIP 60706 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 2BR | $1,975 | $1,808 | +$168 (+9.3%) |
| 2BR | $1,425 | $1,808 | −$382 (-21.2%) |
| 3BR | $2,450 | $2,395 | +$55 (+2.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.