Monthly Rent Report
ZIP 60707 Rent Report — May 2022
Asking rents in ZIP 60707, Chicago, from 15 listings.
Median 1BR rent in ZIP 60707 was $1,048 in May 2022, up 23.6% (+$200) from April 2022 and down 6.9% year-over-year. The middle half of 1BR listings asked between $974 and $1,121. That puts ZIP 60707 $250 below the Chicago citywide 1BR median of $1,298. The month's figures are based on 15 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,048 | +$200 (+23.6%) | −$77 (-6.9%) | $974 – $1,121 | 2 |
| 2BR | $1,350 | +$200 (+17.4%) | −$625 (-31.6%) | $1,350 – $1,350 | 1 |
| 3BR | $2,445 | +$546 (+28.8%) | +$94 (+4.0%) | $2,445 – $2,445 | 1 |
| 4BR | $2,500 | — | — | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — May 2022
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,048 | $1,298 | −$250 (-19.3%) |
| 2BR | $1,350 | $1,599 | −$249 (-15.6%) |
| 3BR | $2,445 | $2,100 | +$345 (+16.4%) |
| 4BR | $2,500 | $2,600 | −$100 (-3.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2022.