Monthly Rent Report
ZIP 60707 Rent Report — September 2023
Asking rents in ZIP 60707, Chicago, from 34 listings.
Median 1BR rent in ZIP 60707 was $1,188 in September 2023, down 33.8% (−$607) from August 2023 and up 8.0% year-over-year. The middle half of 1BR listings asked between $1,144 and $1,231. That puts ZIP 60707 $263 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 34 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,188 | −$607 (-33.8%) | +$88 (+8.0%) | $1,144 – $1,231 | 2 |
| 2BR | $1,350 | −$1,145 (-45.9%) | −$850 (-38.6%) | $1,350 – $1,350 | 1 |
| 2BR | $2,675 | +$180 (+7.2%) | +$475 (+21.6%) | $2,488 – $2,824 | 4 |
| 3BR | $2,545 | −$105 (-4.0%) | +$45 (+1.8%) | $2,351 – $2,545 | 15 |
| 3BR | $2,100 | −$550 (-20.8%) | −$400 (-16.0%) | $2,050 – $2,150 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — September 2023
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,188 | $1,450 | −$262 (-18.1%) |
| 2BR | $1,350 | $1,738 | −$387 (-22.3%) |
| 2BR | $2,675 | $1,738 | +$938 (+54.0%) |
| 3BR | $2,545 | $2,327 | +$218 (+9.4%) |
| 3BR | $2,100 | $2,327 | −$227 (-9.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.