Monthly Rent Report
ZIP 60707 Rent Report — July 2023
Asking rents in ZIP 60707, Chicago, from 67 listings.
Median 1BR rent in ZIP 60707 was $1,825 in July 2023, up 58.7% (+$675) from June 2023 and up 36.4% year-over-year. The middle half of 1BR listings asked between $1,825 and $1,825. That puts ZIP 60707 $375 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 67 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,825 | +$675 (+58.7%) | +$488 (+36.4%) | $1,825 – $1,825 | 1 |
| 1BR | $1,050 | −$100 (-8.7%) | −$287 (-21.5%) | $1,050 – $1,050 | 1 |
| 2BR | $1,300 | −$1,595 (-55.1%) | −$900 (-40.9%) | $1,300 – $1,300 | 1 |
| 2BR | $2,495 | −$400 (-13.8%) | +$295 (+13.4%) | $1,750 – $2,550 | 5 |
| 3BR | $3,095 | +$744 (+31.6%) | +$1,196 (+62.9%) | $3,095 – $3,095 | 1 |
| 3BR | $2,351 | $0 (0.0%) | +$452 (+23.8%) | $2,295 – $2,545 | 34 |
| 4BR | $2,900 | +$515 (+21.6%) | −$350 (-10.8%) | $2,900 – $2,900 | 1 |
| 4BR | $2,900 | +$515 (+21.6%) | −$350 (-10.8%) | $2,900 – $2,900 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — July 2023
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,825 | $1,450 | +$375 (+25.9%) |
| 1BR | $1,050 | $1,450 | −$400 (-27.6%) |
| 2BR | $1,300 | $1,795 | −$495 (-27.6%) |
| 2BR | $2,495 | $1,795 | +$700 (+39.0%) |
| 3BR | $3,095 | $2,273 | +$823 (+36.2%) |
| 3BR | $2,351 | $2,273 | +$79 (+3.5%) |
| 4BR | $2,900 | $2,709 | +$192 (+7.1%) |
| 4BR | $2,900 | $2,709 | +$192 (+7.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.