Monthly Rent Report
ZIP 60707 Rent Report — June 2024
Asking rents in ZIP 60707, Chicago, from 266 listings.
Median 1BR rent in ZIP 60707 was $1,315 in June 2024, flat versus May 2024 and up 1.5% year-over-year. The middle half of 1BR listings asked between $1,245 and $1,450. That puts ZIP 60707 $184 below the Chicago citywide 1BR median of $1,499. The month's figures are based on 266 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,430 | −$277 (-16.3%) | — | $1,150 – $1,729 | 4 |
| Studio | $999 | −$708 (-41.5%) | — | $999 – $999 | 2 |
| 1BR | $1,315 | $0 (0.0%) | +$20 (+1.5%) | $1,245 – $1,450 | 19 |
| 1BR | $1,195 | −$120 (-9.1%) | −$100 (-7.7%) | $1,195 – $1,195 | 1 |
| 2BR | $2,450 | +$125 (+5.4%) | −$45 (-1.8%) | $2,450 – $2,450 | 6 |
| 2BR | $2,200 | −$125 (-5.4%) | −$295 (-11.8%) | $1,800 – $2,438 | 46 |
| 3BR | $2,925 | +$574 (+24.4%) | +$425 (+17.0%) | $2,913 – $2,938 | 2 |
| 3BR | $2,595 | +$244 (+10.4%) | +$95 (+3.8%) | $2,295 – $2,816 | 152 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — June 2024
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,430 | $1,149 | +$281 (+24.5%) |
| Studio | $999 | $1,149 | −$150 (-13.1%) |
| 1BR | $1,315 | $1,499 | −$184 (-12.3%) |
| 1BR | $1,195 | $1,499 | −$304 (-20.3%) |
| 2BR | $2,450 | $1,899 | +$551 (+29.0%) |
| 2BR | $2,200 | $1,899 | +$301 (+15.9%) |
| 3BR | $2,925 | $2,395 | +$530 (+22.1%) |
| 3BR | $2,595 | $2,395 | +$200 (+8.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.