Monthly Rent Report
ZIP 60707 Rent Report — October 2023
Asking rents in ZIP 60707, Chicago, from 39 listings.
Median 1BR rent in ZIP 60707 was $1,250 in October 2023, up 5.3% (+$63) from September 2023 and unchanged year-over-year. The middle half of 1BR listings asked between $1,250 and $1,250. That puts ZIP 60707 $225 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 39 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,050 | — | +$100 (+10.5%) | $1,050 – $1,050 | 1 |
| Studio | $1,050 | — | +$100 (+10.5%) | $1,050 – $1,050 | 1 |
| 1BR | $1,250 | +$63 (+5.3%) | $0 (0.0%) | $1,250 – $1,250 | 1 |
| 2BR | $2,650 | +$1,300 (+96.3%) | +$350 (+15.2%) | $2,650 – $2,650 | 1 |
| 2BR | $2,800 | +$1,450 (+107.4%) | +$500 (+21.7%) | $2,500 – $2,800 | 3 |
| 3BR | $2,600 | +$55 (+2.2%) | +$951 (+57.7%) | $2,600 – $2,600 | 5 |
| 3BR | $2,200 | −$345 (-13.6%) | +$551 (+33.4%) | $2,200 – $2,200 | 1 |
| 4BR | $2,700 | — | −$500 (-15.6%) | $2,700 – $2,700 | 4 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — October 2023
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,050 | $1,200 | −$150 (-12.5%) |
| Studio | $1,050 | $1,200 | −$150 (-12.5%) |
| 1BR | $1,250 | $1,475 | −$225 (-15.3%) |
| 2BR | $2,650 | $1,800 | +$850 (+47.2%) |
| 2BR | $2,800 | $1,800 | +$1,000 (+55.6%) |
| 3BR | $2,600 | $2,450 | +$150 (+6.1%) |
| 3BR | $2,200 | $2,450 | −$250 (-10.2%) |
| 4BR | $2,700 | $2,575 | +$125 (+4.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.