Monthly Rent Report
ZIP 60707 Rent Report — August 2022
Asking rents in ZIP 60707, Chicago, from 92 listings.
Median 1BR rent in ZIP 60707 was $1,250 in August 2022, up 16.3% (+$175) from July 2022 and up 25.6% year-over-year. The middle half of 1BR listings asked between $1,025 and $1,600. That puts ZIP 60707 $45 below the Chicago citywide 1BR median of $1,295. The month's figures are based on 92 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,250 | +$175 (+16.3%) | +$255 (+25.6%) | $1,025 – $1,600 | 11 |
| 1BR | $1,300 | +$225 (+20.9%) | +$305 (+30.7%) | $1,300 – $1,300 | 1 |
| 2BR | $1,750 | −$450 (-20.5%) | −$75 (-4.1%) | $1,750 – $1,750 | 1 |
| 2BR | $2,200 | $0 (0.0%) | +$375 (+20.5%) | $2,175 – $2,250 | 20 |
| 3BR | $2,000 | −$600 (-23.1%) | +$305 (+18.0%) | $2,000 – $2,000 | 1 |
| 3BR | $2,390 | −$210 (-8.1%) | +$695 (+41.0%) | $2,351 – $2,545 | 49 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — August 2022
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,250 | $1,295 | −$45 (-3.5%) |
| 1BR | $1,300 | $1,295 | +$5 (+0.4%) |
| 2BR | $1,750 | $1,795 | −$45 (-2.5%) |
| 2BR | $2,200 | $1,795 | +$405 (+22.6%) |
| 3BR | $2,000 | $2,250 | −$250 (-11.1%) |
| 3BR | $2,390 | $2,250 | +$140 (+6.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2022.