Monthly Rent Report
ZIP 60707 Rent Report — February 2023
Asking rents in ZIP 60707, Chicago, from 188 listings.
Median 1BR rent in ZIP 60707 was $1,200 in February 2023, up 20.6% (+$205) from January 2023 and up 37.1% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts ZIP 60707 $200 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 188 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,125 | +$30 (+2.7%) | — | $1,125 – $1,125 | 1 |
| Studio | $1,125 | +$30 (+2.7%) | — | $1,125 – $1,125 | 1 |
| 1BR | $1,200 | +$205 (+20.6%) | +$325 (+37.1%) | $1,200 – $1,200 | 1 |
| 1BR | $1,000 | +$5 (+0.5%) | +$125 (+14.3%) | $1,000 – $1,000 | 5 |
| 2BR | $1,650 | −$850 (-34.0%) | — | $1,650 – $1,650 | 1 |
| 2BR | $2,300 | −$200 (-8.0%) | — | $2,200 – $2,350 | 41 |
| 3BR | $2,650 | +$150 (+6.0%) | +$105 (+4.1%) | $2,625 – $2,675 | 2 |
| 3BR | $2,500 | $0 (0.0%) | −$45 (-1.8%) | $2,295 – $2,599 | 126 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — February 2023
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,125 | $1,149 | −$24 (-2.1%) |
| Studio | $1,125 | $1,149 | −$24 (-2.1%) |
| 1BR | $1,200 | $1,400 | −$200 (-14.3%) |
| 1BR | $1,000 | $1,400 | −$400 (-28.6%) |
| 2BR | $1,650 | $1,695 | −$45 (-2.7%) |
| 2BR | $2,300 | $1,695 | +$605 (+35.7%) |
| 3BR | $2,650 | $2,188 | +$463 (+21.1%) |
| 3BR | $2,500 | $2,188 | +$313 (+14.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.