Monthly Rent Report
ZIP 60707 Rent Report — September 2024
Asking rents in ZIP 60707, Chicago, from 74 listings.
Median 1BR rent in ZIP 60707 was $1,200 in September 2024, flat versus August 2024 and up 1.1% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts ZIP 60707 $295 below the Chicago citywide 1BR median of $1,495. The month's figures are based on 74 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,705 | +$278 (+19.4%) | — | $1,352 – $1,708 | 3 |
| 1BR | $1,200 | $0 (0.0%) | +$13 (+1.1%) | $1,200 – $1,200 | 1 |
| 2BR | $1,800 | −$1,095 (-37.8%) | −$875 (-32.7%) | $1,800 – $2,500 | 5 |
| 3BR | $2,351 | −$544 (-18.8%) | +$251 (+12.0%) | $2,295 – $2,833 | 51 |
| 4BR | $3,199 | −$36 (-1.1%) | — | $3,199 – $3,199 | 4 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — September 2024
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,705 | $1,195 | +$510 (+42.7%) |
| 1BR | $1,200 | $1,495 | −$295 (-19.7%) |
| 2BR | $1,800 | $1,843 | −$42 (-2.3%) |
| 3BR | $2,351 | $2,350 | +$1 (+0.0%) |
| 4BR | $3,199 | $2,750 | +$449 (+16.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.