Monthly Rent Report

ZIP 60707 Rent Report — July 2022

Asking rents in ZIP 60707, Chicago, from 109 listings.

Median 1BR rent in ZIP 60707 was $1,075 in July 2022, up 7.5% (+$75) from June 2022. The middle half of 1BR listings asked between $1,075 and $1,600. That puts ZIP 60707 $150 below the Chicago citywide 1BR median of $1,225. The month's figures are based on 109 listings across 9 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2022Vs. July 2021P25–P75 RangeListings
1BR$1,075+$75 (+7.5%)$1,075 – $1,6005
1BR$1,338+$338 (+33.8%)$1,206 – $1,4692
2BR$2,250−$550 (-19.6%)+$963 (+74.8%)$2,200 – $2,25016
2BR$2,200−$600 (-21.4%)+$913 (+70.9%)$2,100 – $2,25034
3BR$2,600+$900 (+52.9%)+$650 (+33.3%)$2,351 – $2,80035
3BR$1,900+$200 (+11.7%)−$50 (-2.6%)$1,850 – $1,9492
4BR$3,250+$50 (+1.6%)$3,250 – $3,2501

Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.

ZIP 60707 vs. ChicagoJuly 2022

BedroomsZIP 60707 MedianChicago Citywide MedianDifference
1BR$1,075$1,225−$150 (-12.2%)
1BR$1,338$1,225+$113 (+9.2%)
2BR$2,250$1,695+$555 (+32.7%)
2BR$2,200$1,695+$505 (+29.8%)
3BR$2,600$2,200+$400 (+18.2%)
3BR$1,900$2,200−$300 (-13.7%)
4BR$3,250$2,500+$750 (+30.0%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2022.

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