Monthly Rent Report
ZIP 60707 Rent Report — June 2023
Asking rents in ZIP 60707, Chicago, from 137 listings.
Median 1BR rent in ZIP 60707 was $1,150 in June 2023, down 4.2% (−$50) from May 2023 and up 15.0% year-over-year. The middle half of 1BR listings asked between $1,150 and $1,150. That puts ZIP 60707 $250 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 137 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,150 | −$50 (-4.2%) | +$150 (+15.0%) | $1,150 – $1,150 | 1 |
| 1BR | $1,295 | +$95 (+7.9%) | +$295 (+29.5%) | $1,295 – $1,295 | 2 |
| 2BR | $2,895 | +$495 (+20.6%) | +$95 (+3.4%) | $2,895 – $2,895 | 1 |
| 2BR | $2,495 | +$95 (+4.0%) | −$305 (-10.9%) | $1,750 – $2,550 | 11 |
| 3BR | $2,500 | −$45 (-1.8%) | +$800 (+47.1%) | $2,500 – $2,500 | 1 |
| 3BR | $2,351 | −$194 (-7.6%) | +$651 (+38.3%) | $2,295 – $2,595 | 97 |
| 4BR | $2,385 | $0 (0.0%) | −$815 (-25.5%) | $2,385 – $2,385 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — June 2023
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,150 | $1,400 | −$250 (-17.9%) |
| 1BR | $1,295 | $1,400 | −$105 (-7.5%) |
| 2BR | $2,895 | $1,700 | +$1,195 (+70.3%) |
| 2BR | $2,495 | $1,700 | +$795 (+46.8%) |
| 3BR | $2,500 | $2,275 | +$225 (+9.9%) |
| 3BR | $2,351 | $2,275 | +$76 (+3.3%) |
| 4BR | $2,385 | $2,500 | −$115 (-4.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.