Monthly Rent Report
ZIP 60707 Rent Report — August 2021
Asking rents in ZIP 60707, Chicago, from 93 listings.
Median 1BR rent in ZIP 60707 was $995 in August 2021 and down 1.3% year-over-year. The middle half of 1BR listings asked between $995 and $995. That puts ZIP 60707 $203 below the Chicago citywide 1BR median of $1,198. The month's figures are based on 93 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $995 | — | −$13 (-1.3%) | $995 – $995 | 3 |
| 2BR | $1,350 | +$63 (+4.9%) | −$345 (-20.4%) | $1,350 – $1,350 | 1 |
| 2BR | $1,825 | +$538 (+41.7%) | +$130 (+7.7%) | $1,755 – $1,915 | 4 |
| 3BR | $2,351 | +$111 (+5.0%) | +$527 (+28.9%) | $2,240 – $2,545 | 60 |
| 3BR | $1,695 | −$545 (-24.3%) | −$129 (-7.1%) | $1,695 – $1,695 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — August 2021
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $995 | $1,198 | −$202 (-16.9%) |
| 2BR | $1,350 | $1,498 | −$147 (-9.8%) |
| 2BR | $1,825 | $1,498 | +$328 (+21.9%) |
| 3BR | $2,351 | $2,000 | +$351 (+17.5%) |
| 3BR | $1,695 | $2,000 | −$305 (-15.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2021.