Monthly Rent Report
ZIP 60707 Rent Report — October 2022
Asking rents in ZIP 60707, Chicago, from 279 listings.
Median 1BR rent in ZIP 60707 was $1,250 in October 2022, down 21.9% (−$350) from September 2022 and up 13.7% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,250. That puts ZIP 60707 $68 below the Chicago citywide 1BR median of $1,318. The month's figures are based on 279 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $950 | — | — | $950 – $950 | 1 |
| 1BR | $1,250 | −$350 (-21.9%) | +$151 (+13.7%) | $1,250 – $1,250 | 1 |
| 1BR | $1,600 | $0 (0.0%) | +$501 (+45.6%) | $1,600 – $1,600 | 1 |
| 2BR | $2,450 | +$250 (+11.4%) | +$1,350 (+122.7%) | $2,450 – $2,450 | 1 |
| 2BR | $2,300 | +$100 (+4.5%) | +$1,200 (+109.1%) | $2,300 – $2,300 | 96 |
| 3BR | $2,351 | −$249 (-9.6%) | $0 (0.0%) | $2,295 – $2,545 | 126 |
| 3BR | $1,649 | −$951 (-36.6%) | −$702 (-29.9%) | $1,649 – $1,649 | 1 |
| 4BR | $2,650 | −$250 (-8.6%) | — | $2,650 – $2,650 | 10 |
| 4BR | $3,200 | +$300 (+10.3%) | — | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — October 2022
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $950 | $1,050 | −$100 (-9.5%) |
| 1BR | $1,250 | $1,318 | −$67 (-5.1%) |
| 1BR | $1,600 | $1,318 | +$283 (+21.4%) |
| 2BR | $2,450 | $1,700 | +$750 (+44.1%) |
| 2BR | $2,300 | $1,700 | +$600 (+35.3%) |
| 3BR | $2,351 | $2,190 | +$161 (+7.4%) |
| 3BR | $1,649 | $2,190 | −$541 (-24.7%) |
| 4BR | $2,650 | $2,478 | +$173 (+7.0%) |
| 4BR | $3,200 | $2,478 | +$723 (+29.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2022.