Monthly Rent Report
ZIP 60706 Rent Report — February 2024
Asking rents in ZIP 60706, Chicago, from 9 listings.
Median 1BR rent in ZIP 60706 was $1,250 in February 2024 and down 20.1% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,250. That puts ZIP 60706 $250 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 9 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,250 | — | −$315 (-20.1%) | $1,250 – $1,250 | 1 |
| 2BR | $2,495 | — | — | $2,495 – $2,495 | 1 |
| 2BR | $2,495 | — | — | $2,495 – $2,495 | 1 |
| 3BR | $2,900 | −$100 (-3.3%) | — | $2,900 – $2,900 | 1 |
| 3BR | $2,900 | −$100 (-3.3%) | — | $2,900 – $2,900 | 4 |
| 4BR | $2,350 | $0 (0.0%) | −$1,150 (-32.9%) | $2,350 – $2,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
ZIP 60706 vs. Chicago — February 2024
| Bedrooms | ZIP 60706 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,250 | $1,500 | −$250 (-16.7%) |
| 2BR | $2,495 | $1,813 | +$683 (+37.7%) |
| 2BR | $2,495 | $1,813 | +$683 (+37.7%) |
| 3BR | $2,900 | $2,300 | +$600 (+26.1%) |
| 3BR | $2,900 | $2,300 | +$600 (+26.1%) |
| 4BR | $2,350 | $2,792 | −$441 (-15.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.