Monthly Rent Report
ZIP 60707 Rent Report — November 2022
Asking rents in ZIP 60707, Chicago, from 120 listings.
Median 1BR rent in ZIP 60707 was $1,100 in November 2022, down 31.3% (−$500) from October 2022 and unchanged year-over-year. The middle half of 1BR listings asked between $1,100 and $1,100. That puts ZIP 60707 $300 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 120 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $850 | −$100 (-10.5%) | — | $850 – $850 | 2 |
| Studio | $850 | −$100 (-10.5%) | — | $850 – $850 | 2 |
| 1BR | $1,100 | −$500 (-31.3%) | $0 (0.0%) | $1,100 – $1,100 | 1 |
| 1BR | $1,600 | $0 (0.0%) | +$500 (+45.5%) | $1,600 – $1,600 | 1 |
| 2BR | $2,350 | +$50 (+2.2%) | +$700 (+42.4%) | $2,275 – $2,350 | 3 |
| 2BR | $2,200 | −$100 (-4.3%) | +$550 (+33.3%) | $2,125 – $2,300 | 59 |
| 3BR | $2,800 | +$449 (+19.1%) | +$1,275 (+83.6%) | $2,650 – $2,800 | 3 |
| 3BR | $1,595 | −$756 (-32.2%) | +$70 (+4.6%) | $1,595 – $1,595 | 1 |
| 4BR | $3,200 | +$550 (+20.8%) | — | $3,200 – $3,200 | 1 |
| 4BR | $3,200 | +$550 (+20.8%) | — | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — November 2022
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $850 | $1,120 | −$270 (-24.1%) |
| Studio | $850 | $1,120 | −$270 (-24.1%) |
| 1BR | $1,100 | $1,400 | −$300 (-21.4%) |
| 1BR | $1,600 | $1,400 | +$200 (+14.3%) |
| 2BR | $2,350 | $1,700 | +$650 (+38.2%) |
| 2BR | $2,200 | $1,700 | +$500 (+29.4%) |
| 3BR | $2,800 | $2,100 | +$700 (+33.3%) |
| 3BR | $1,595 | $2,100 | −$505 (-24.0%) |
| 4BR | $3,200 | $2,500 | +$700 (+28.0%) |
| 4BR | $3,200 | $2,500 | +$700 (+28.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2022.