Monthly Rent Report
ZIP 60707 Rent Report — January 2023
Asking rents in ZIP 60707, Chicago, from 173 listings.
Median 1BR rent in ZIP 60707 was $995 in January 2023, down 20.4% (−$254) from December 2022. The middle half of 1BR listings asked between $995 and $995. That puts ZIP 60707 $355 below the Chicago citywide 1BR median of $1,350. The month's figures are based on 173 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,095 | — | −$5 (-0.5%) | $1,095 – $1,095 | 1 |
| Studio | $1,095 | — | −$5 (-0.5%) | $1,095 – $1,095 | 1 |
| 1BR | $995 | −$254 (-20.4%) | — | $995 – $995 | 1 |
| 2BR | $2,500 | +$650 (+35.1%) | +$500 (+25.0%) | $2,450 – $2,550 | 2 |
| 2BR | $2,300 | +$450 (+24.3%) | +$300 (+15.0%) | $2,200 – $2,350 | 49 |
| 3BR | $2,500 | −$95 (-3.7%) | +$1,025 (+69.5%) | $2,295 – $2,595 | 111 |
| 3BR | $2,350 | −$245 (-9.4%) | +$875 (+59.3%) | $2,350 – $2,350 | 1 |
| 4BR | $3,200 | +$805 (+33.6%) | — | $3,200 – $3,200 | 2 |
| 4BR | $3,200 | +$805 (+33.6%) | — | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — January 2023
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,095 | $1,061 | +$34 (+3.2%) |
| Studio | $1,095 | $1,061 | +$34 (+3.2%) |
| 1BR | $995 | $1,350 | −$355 (-26.3%) |
| 2BR | $2,500 | $1,698 | +$803 (+47.3%) |
| 2BR | $2,300 | $1,698 | +$603 (+35.5%) |
| 3BR | $2,500 | $2,123 | +$378 (+17.8%) |
| 3BR | $2,350 | $2,123 | +$228 (+10.7%) |
| 4BR | $3,200 | $2,417 | +$784 (+32.4%) |
| 4BR | $3,200 | $2,417 | +$784 (+32.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.