Monthly Rent Report
ZIP 60707 Rent Report — July 2024
Asking rents in ZIP 60707, Chicago, from 100 listings.
Median 1BR rent in ZIP 60707 was $1,225 in July 2024, down 6.8% (−$90) from June 2024 and down 32.9% year-over-year. The middle half of 1BR listings asked between $1,225 and $1,225. That puts ZIP 60707 $335 below the Chicago citywide 1BR median of $1,560. The month's figures are based on 100 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,225 | −$90 (-6.8%) | −$600 (-32.9%) | $1,225 – $1,225 | 1 |
| 1BR | $1,048 | −$267 (-20.3%) | −$777 (-42.6%) | $924 – $1,171 | 2 |
| 2BR | $1,900 | −$550 (-22.4%) | −$595 (-23.8%) | $1,695 – $2,523 | 11 |
| 2BR | $1,600 | −$850 (-34.7%) | −$895 (-35.9%) | $1,600 – $1,600 | 1 |
| 3BR | $2,580 | −$15 (-0.6%) | +$229 (+9.7%) | $2,580 – $2,580 | 1 |
| 3BR | $2,351 | −$244 (-9.4%) | $0 (0.0%) | $2,295 – $2,595 | 66 |
| 4BR | $2,875 | — | −$25 (-0.9%) | $2,875 – $2,875 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — July 2024
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,225 | $1,560 | −$335 (-21.5%) |
| 1BR | $1,048 | $1,560 | −$512 (-32.9%) |
| 2BR | $1,900 | $1,805 | +$95 (+5.3%) |
| 2BR | $1,600 | $1,805 | −$205 (-11.4%) |
| 3BR | $2,580 | $2,363 | +$218 (+9.2%) |
| 3BR | $2,351 | $2,363 | −$11 (-0.5%) |
| 4BR | $2,875 | $2,789 | +$86 (+3.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.