Monthly Rent Report
ZIP 60707 Rent Report — May 2021
Asking rents in ZIP 60707, Chicago, from 140 listings.
Median 1BR rent in ZIP 60707 was $1,125 in May 2021, up 45.2% (+$350) from April 2021 and up 7.4% year-over-year. The middle half of 1BR listings asked between $1,063 and $1,125. That puts ZIP 60707 $123 below the Chicago citywide 1BR median of $1,248. The month's figures are based on 140 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,125 | +$350 (+45.2%) | +$78 (+7.4%) | $1,063 – $1,125 | 3 |
| 2BR | $1,195 | −$355 (-22.9%) | −$500 (-29.5%) | $1,195 – $1,195 | 1 |
| 2BR | $1,975 | +$425 (+27.4%) | +$280 (+16.5%) | $1,975 – $1,975 | 1 |
| 3BR | $2,351 | $0 (0.0%) | +$51 (+2.2%) | $2,351 – $2,661 | 45 |
| 3BR | $2,351 | $0 (0.0%) | +$51 (+2.2%) | $2,351 – $2,661 | 47 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — May 2021
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,125 | $1,248 | −$122 (-9.8%) |
| 2BR | $1,195 | $1,521 | −$326 (-21.4%) |
| 2BR | $1,975 | $1,521 | +$454 (+29.8%) |
| 3BR | $2,351 | $1,950 | +$401 (+20.6%) |
| 3BR | $2,351 | $1,950 | +$401 (+20.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2021.