Monthly Rent Report
ZIP 60707 Rent Report — March 2023
Asking rents in ZIP 60707, Chicago, from 177 listings.
Median 1BR rent in ZIP 60707 was $1,000 in March 2023, flat versus February 2023 and up 14.3% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,063. That puts ZIP 60707 $396 below the Chicago citywide 1BR median of $1,396. The month's figures are based on 177 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,125 | $0 (0.0%) | — | $1,125 – $1,125 | 4 |
| Studio | $1,125 | $0 (0.0%) | — | $1,125 – $1,125 | 4 |
| 1BR | $1,000 | $0 (0.0%) | +$125 (+14.3%) | $1,000 – $1,063 | 3 |
| 1BR | $1,000 | $0 (0.0%) | +$125 (+14.3%) | $1,000 – $1,125 | 9 |
| 2BR | $2,200 | −$100 (-4.3%) | +$250 (+12.8%) | $1,500 – $2,350 | 45 |
| 2BR | $1,700 | −$600 (-26.1%) | −$250 (-12.8%) | $1,675 – $1,725 | 2 |
| 3BR | $2,361 | −$139 (-5.6%) | −$184 (-7.2%) | $2,295 – $2,449 | 12 |
| 3BR | $2,323 | −$177 (-7.1%) | −$222 (-8.7%) | $2,295 – $2,595 | 92 |
| 4BR | $2,700 | — | — | $2,700 – $2,700 | 1 |
| 4BR | $2,700 | — | — | $2,700 – $2,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — March 2023
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,125 | $1,204 | −$79 (-6.5%) |
| Studio | $1,125 | $1,204 | −$79 (-6.5%) |
| 1BR | $1,000 | $1,396 | −$396 (-28.4%) |
| 1BR | $1,000 | $1,396 | −$396 (-28.4%) |
| 2BR | $2,200 | $1,698 | +$503 (+29.6%) |
| 2BR | $1,700 | $1,698 | +$3 (+0.1%) |
| 3BR | $2,361 | $2,200 | +$161 (+7.3%) |
| 3BR | $2,323 | $2,200 | +$123 (+5.6%) |
| 4BR | $2,700 | $2,444 | +$256 (+10.5%) |
| 4BR | $2,700 | $2,444 | +$256 (+10.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.