Monthly Rent Report
ZIP 60707 Rent Report — November 2023
Asking rents in ZIP 60707, Chicago, from 177 listings.
Median 1BR rent in ZIP 60707 was $1,175 in November 2023, down 6.0% (−$75) from October 2023 and down 26.6% year-over-year. The middle half of 1BR listings asked between $1,150 and $1,721. That puts ZIP 60707 $329 below the Chicago citywide 1BR median of $1,504. The month's figures are based on 177 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,025 | +$975 (+92.9%) | +$1,175 (+138.2%) | $1,050 – $3,000 | 4 |
| Studio | $2,025 | +$975 (+92.9%) | +$1,175 (+138.2%) | $1,050 – $3,000 | 4 |
| 1BR | $1,175 | −$75 (-6.0%) | −$425 (-26.6%) | $1,150 – $1,721 | 6 |
| 1BR | $1,295 | +$45 (+3.6%) | −$305 (-19.1%) | $1,295 – $1,295 | 1 |
| 2BR | $2,400 | −$400 (-14.3%) | +$200 (+9.1%) | $2,150 – $2,471 | 34 |
| 2BR | $2,000 | −$800 (-28.6%) | −$200 (-9.1%) | $2,000 – $2,000 | 1 |
| 3BR | $2,635 | +$35 (+1.3%) | +$1,040 (+65.2%) | $2,635 – $2,635 | 1 |
| 3BR | $2,545 | −$55 (-2.1%) | +$950 (+59.6%) | $2,295 – $2,596 | 100 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — November 2023
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,025 | $1,160 | +$865 (+74.6%) |
| Studio | $2,025 | $1,160 | +$865 (+74.6%) |
| 1BR | $1,175 | $1,504 | −$329 (-21.9%) |
| 1BR | $1,295 | $1,504 | −$208 (-13.9%) |
| 2BR | $2,400 | $1,800 | +$600 (+33.3%) |
| 2BR | $2,000 | $1,800 | +$200 (+11.1%) |
| 3BR | $2,635 | $2,298 | +$338 (+14.7%) |
| 3BR | $2,545 | $2,298 | +$248 (+10.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.