Monthly Rent Report
ZIP 60707 Rent Report — February 2024
Asking rents in ZIP 60707, Chicago, from 133 listings.
Median 1BR rent in ZIP 60707 was $1,150 in February 2024, down 28.1% (−$450) from January 2024 and down 4.2% year-over-year. The middle half of 1BR listings asked between $1,095 and $1,150. That puts ZIP 60707 $350 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 133 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,000 | $0 (0.0%) | +$1,875 (+166.7%) | $3,000 – $3,000 | 1 |
| Studio | $1,295 | −$1,705 (-56.8%) | +$170 (+15.1%) | $1,295 – $1,295 | 1 |
| 1BR | $1,150 | −$450 (-28.1%) | −$50 (-4.2%) | $1,095 – $1,150 | 5 |
| 1BR | $1,095 | −$505 (-31.6%) | −$105 (-8.8%) | $1,095 – $1,095 | 1 |
| 2BR | $2,245 | −$430 (-16.1%) | +$595 (+36.1%) | $2,245 – $2,245 | 1 |
| 2BR | $2,448 | −$227 (-8.5%) | +$798 (+48.3%) | $2,100 – $2,495 | 28 |
| 3BR | $2,600 | −$50 (-1.9%) | −$50 (-1.9%) | $2,600 – $2,600 | 1 |
| 3BR | $2,351 | −$299 (-11.3%) | −$299 (-11.3%) | $2,295 – $2,595 | 70 |
| 4BR | $2,899 | — | — | $2,899 – $2,899 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — February 2024
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,000 | $1,211 | +$1,789 (+147.7%) |
| Studio | $1,295 | $1,211 | +$84 (+6.9%) |
| 1BR | $1,150 | $1,500 | −$350 (-23.3%) |
| 1BR | $1,095 | $1,500 | −$405 (-27.0%) |
| 2BR | $2,245 | $1,813 | +$433 (+23.9%) |
| 2BR | $2,448 | $1,813 | +$635 (+35.0%) |
| 3BR | $2,600 | $2,300 | +$300 (+13.0%) |
| 3BR | $2,351 | $2,300 | +$51 (+2.2%) |
| 4BR | $2,899 | $2,792 | +$108 (+3.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.