Monthly Rent Report
ZIP 60707 Rent Report — November 2024
Asking rents in ZIP 60707, Chicago, from 42 listings.
Median 1BR rent in ZIP 60707 was $1,200 in November 2024, down 7.3% (−$95) from October 2024 and down 7.3% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts ZIP 60707 $375 below the Chicago citywide 1BR median of $1,575. The month's figures are based on 42 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $900 | −$99 (-9.9%) | −$1,125 (-55.6%) | $900 – $900 | 4 |
| 1BR | $1,200 | −$95 (-7.3%) | −$95 (-7.3%) | $1,200 – $1,200 | 1 |
| 1BR | $1,295 | $0 (0.0%) | $0 (0.0%) | $1,295 – $1,295 | 1 |
| 2BR | $2,100 | +$225 (+12.0%) | −$300 (-12.5%) | $1,725 – $2,100 | 3 |
| 2BR | $2,100 | +$225 (+12.0%) | −$300 (-12.5%) | $2,100 – $2,100 | 1 |
| 3BR | $2,750 | +$455 (+19.8%) | +$205 (+8.1%) | $2,700 – $2,800 | 31 |
| 4BR | $3,090 | −$45 (-1.4%) | — | $3,090 – $3,090 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — November 2024
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $900 | $1,292 | −$392 (-30.3%) |
| 1BR | $1,200 | $1,575 | −$375 (-23.8%) |
| 1BR | $1,295 | $1,575 | −$280 (-17.8%) |
| 2BR | $2,100 | $1,945 | +$155 (+8.0%) |
| 2BR | $2,100 | $1,945 | +$155 (+8.0%) |
| 3BR | $2,750 | $2,200 | +$550 (+25.0%) |
| 4BR | $3,090 | $2,990 | +$100 (+3.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2024.