Monthly Rent Report
ZIP 60707 Rent Report — December 2023
Asking rents in ZIP 60707, Chicago, from 159 listings.
Median 1BR rent in ZIP 60707 was $1,575 in December 2023, up 34.1% (+$401) from November 2023 and up 26.1% year-over-year. The middle half of 1BR listings asked between $1,575 and $1,575. That puts ZIP 60707 $120 above the Chicago citywide 1BR median of $1,455. The month's figures are based on 159 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | −$925 (-45.7%) | — | $1,100 – $1,100 | 1 |
| Studio | $3,000 | +$975 (+48.1%) | — | $3,000 – $3,000 | 2 |
| 1BR | $1,575 | +$401 (+34.1%) | +$326 (+26.1%) | $1,575 – $1,575 | 1 |
| 1BR | $1,650 | +$476 (+40.5%) | +$401 (+32.1%) | $1,650 – $1,650 | 1 |
| 2BR | $2,350 | −$50 (-2.1%) | +$550 (+30.6%) | $2,325 – $2,375 | 2 |
| 2BR | $1,300 | −$1,100 (-45.8%) | −$500 (-27.8%) | $1,300 – $1,300 | 1 |
| 3BR | $2,470 | −$75 (-2.9%) | +$119 (+5.1%) | $2,470 – $2,470 | 2 |
| 3BR | $2,351 | −$194 (-7.6%) | $0 (0.0%) | $2,295 – $2,595 | 124 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — December 2023
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,218 | −$117 (-9.7%) |
| Studio | $3,000 | $1,218 | +$1,783 (+146.4%) |
| 1BR | $1,575 | $1,455 | +$120 (+8.2%) |
| 1BR | $1,650 | $1,455 | +$195 (+13.4%) |
| 2BR | $2,350 | $1,800 | +$550 (+30.6%) |
| 2BR | $1,300 | $1,800 | −$500 (-27.8%) |
| 3BR | $2,470 | $2,472 | −$2 (-0.1%) |
| 3BR | $2,351 | $2,472 | −$121 (-4.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.