Monthly Rent Report
ZIP 60707 Rent Report — October 2024
Asking rents in ZIP 60707, Chicago, from 39 listings.
Median 1BR rent in ZIP 60707 was $1,295 in October 2024, up 7.9% (+$95) from September 2024 and up 3.6% year-over-year. The middle half of 1BR listings asked between $1,195 and $1,360. That puts ZIP 60707 $142 below the Chicago citywide 1BR median of $1,437. The month's figures are based on 39 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $999 | −$706 (-41.4%) | −$51 (-4.9%) | $999 – $999 | 1 |
| 1BR | $1,295 | +$95 (+7.9%) | +$45 (+3.6%) | $1,195 – $1,360 | 3 |
| 2BR | $2,000 | +$200 (+11.1%) | −$650 (-24.5%) | $1,925 – $2,199 | 4 |
| 2BR | $1,875 | +$75 (+4.2%) | −$775 (-29.2%) | $1,875 – $1,875 | 1 |
| 3BR | $2,295 | −$56 (-2.4%) | +$95 (+4.3%) | $2,295 – $2,550 | 28 |
| 4BR | $3,135 | −$64 (-2.0%) | +$435 (+16.1%) | $3,113 – $3,158 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — October 2024
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $999 | $1,298 | −$298 (-23.0%) |
| 1BR | $1,295 | $1,437 | −$141 (-9.9%) |
| 2BR | $2,000 | $1,770 | +$231 (+13.0%) |
| 2BR | $1,875 | $1,770 | +$106 (+6.0%) |
| 3BR | $2,295 | $2,305 | −$10 (-0.4%) |
| 4BR | $3,135 | $2,995 | +$140 (+4.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.