Monthly Rent Report
ZIP 60707 Rent Report — March 2024
Asking rents in ZIP 60707, Chicago, from 171 listings.
Median 1BR rent in ZIP 60707 was $1,200 in March 2024, up 9.6% (+$105) from February 2024 and up 20.0% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts ZIP 60707 $305 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 171 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | −$145 (-11.2%) | +$25 (+2.2%) | $1,150 – $1,150 | 2 |
| Studio | $1,250 | −$45 (-3.5%) | +$125 (+11.1%) | $1,250 – $1,250 | 1 |
| 1BR | $1,200 | +$105 (+9.6%) | +$200 (+20.0%) | $1,200 – $1,200 | 1 |
| 1BR | $1,425 | +$330 (+30.1%) | +$425 (+42.5%) | $1,200 – $1,650 | 6 |
| 2BR | $2,300 | −$147 (-6.0%) | +$600 (+35.3%) | $2,125 – $2,471 | 30 |
| 2BR | $2,995 | +$548 (+22.4%) | +$1,295 (+76.2%) | $2,995 – $2,995 | 1 |
| 3BR | $2,351 | −$249 (-9.6%) | +$28 (+1.2%) | $2,295 – $2,595 | 103 |
| 3BR | $2,530 | −$70 (-2.7%) | +$207 (+8.9%) | $2,530 – $2,530 | 1 |
| 4BR | $2,899 | $0 (0.0%) | +$199 (+7.4%) | $2,899 – $2,899 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — March 2024
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,225 | −$75 (-6.1%) |
| Studio | $1,250 | $1,225 | +$25 (+2.0%) |
| 1BR | $1,200 | $1,505 | −$304 (-20.2%) |
| 1BR | $1,425 | $1,505 | −$79 (-5.3%) |
| 2BR | $2,300 | $1,900 | +$400 (+21.1%) |
| 2BR | $2,995 | $1,900 | +$1,095 (+57.6%) |
| 3BR | $2,351 | $2,250 | +$101 (+4.5%) |
| 3BR | $2,530 | $2,250 | +$280 (+12.4%) |
| 4BR | $2,899 | $2,650 | +$249 (+9.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.