Monthly Rent Report
ZIP 60707 Rent Report — January 2024
Asking rents in ZIP 60707, Chicago, from 75 listings.
Median 1BR rent in ZIP 60707 was $1,195 in January 2024, down 24.1% (−$380) from December 2023 and up 20.1% year-over-year. The middle half of 1BR listings asked between $1,195 and $1,195. That puts ZIP 60707 $322 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 75 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,000 | $0 (0.0%) | +$1,905 (+174.0%) | $3,000 – $3,000 | 2 |
| Studio | $3,000 | $0 (0.0%) | +$1,905 (+174.0%) | $3,000 – $3,000 | 2 |
| 1BR | $1,195 | −$380 (-24.1%) | +$200 (+20.1%) | $1,195 – $1,195 | 1 |
| 1BR | $1,600 | +$25 (+1.6%) | +$605 (+60.8%) | $1,488 – $1,600 | 6 |
| 2BR | $1,500 | −$850 (-36.2%) | −$1,000 (-40.0%) | $1,450 – $1,550 | 2 |
| 2BR | $2,675 | +$325 (+13.8%) | +$175 (+7.0%) | $2,588 – $2,774 | 4 |
| 3BR | $2,351 | $0 (0.0%) | −$149 (-6.0%) | $2,295 – $2,595 | 26 |
| 3BR | $2,650 | +$299 (+12.7%) | +$150 (+6.0%) | $2,338 – $2,725 | 4 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — January 2024
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,000 | $1,225 | +$1,775 (+144.9%) |
| Studio | $3,000 | $1,225 | +$1,775 (+144.9%) |
| 1BR | $1,195 | $1,517 | −$322 (-21.2%) |
| 1BR | $1,600 | $1,517 | +$83 (+5.5%) |
| 2BR | $1,500 | $1,800 | −$300 (-16.7%) |
| 2BR | $2,675 | $1,800 | +$875 (+48.6%) |
| 3BR | $2,351 | $2,300 | +$51 (+2.2%) |
| 3BR | $2,650 | $2,300 | +$350 (+15.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.