Monthly Rent Report
ZIP 60706 Rent Report — November 2023
Asking rents in ZIP 60706, Chicago, from 9 listings.
Median 1BR rent in ZIP 60706 was $1,200 in November 2023, down 24.8% (−$395) from October 2023. The middle half of 1BR listings asked between $1,200 and $1,200. That puts ZIP 60706 $304 below the Chicago citywide 1BR median of $1,504. The month's figures are based on 9 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,200 | −$395 (-24.8%) | — | $1,200 – $1,200 | 1 |
| 2BR | $1,450 | −$700 (-32.6%) | — | $1,450 – $1,450 | 1 |
| 2BR | $1,500 | −$650 (-30.2%) | — | $1,500 – $1,500 | 1 |
| 3BR | $2,900 | +$100 (+3.6%) | — | $2,900 – $2,900 | 2 |
| 3BR | $2,295 | −$505 (-18.0%) | — | $2,295 – $2,395 | 3 |
| 4BR | $2,700 | — | — | $2,700 – $2,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
ZIP 60706 vs. Chicago — November 2023
| Bedrooms | ZIP 60706 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,200 | $1,504 | −$303 (-20.2%) |
| 2BR | $1,450 | $1,800 | −$350 (-19.4%) |
| 2BR | $1,500 | $1,800 | −$300 (-16.7%) |
| 3BR | $2,900 | $2,298 | +$603 (+26.2%) |
| 3BR | $2,295 | $2,298 | −$2 (-0.1%) |
| 4BR | $2,700 | $2,750 | −$50 (-1.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.