Monthly Rent Report
ZIP 60707 Rent Report — December 2024
Asking rents in ZIP 60707, Chicago, from 26 listings.
Median 1BR rent in ZIP 60707 was $1,200 in December 2024, flat versus November 2024 and down 27.3% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts ZIP 60707 $450 below the Chicago citywide 1BR median of $1,650. The month's figures are based on 26 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,200 | $0 (0.0%) | −$450 (-27.3%) | $1,200 – $1,200 | 1 |
| 2BR | $1,650 | −$450 (-21.4%) | −$700 (-29.8%) | $1,635 – $1,800 | 6 |
| 2BR | $1,650 | −$450 (-21.4%) | −$700 (-29.8%) | $1,635 – $1,800 | 6 |
| 3BR | $2,875 | +$125 (+4.5%) | +$405 (+16.4%) | $2,438 – $2,900 | 10 |
| 3BR | $2,595 | −$155 (-5.6%) | +$125 (+5.1%) | $2,595 – $2,595 | 1 |
| 4BR | $3,040 | −$50 (-1.6%) | — | $3,040 – $3,040 | 1 |
| 4BR | $3,499 | +$409 (+13.2%) | — | $3,499 – $3,499 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — December 2024
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,200 | $1,650 | −$450 (-27.3%) |
| 2BR | $1,650 | $1,953 | −$302 (-15.5%) |
| 2BR | $1,650 | $1,953 | −$302 (-15.5%) |
| 3BR | $2,875 | $2,395 | +$480 (+20.0%) |
| 3BR | $2,595 | $2,395 | +$200 (+8.4%) |
| 4BR | $3,040 | $2,850 | +$190 (+6.7%) |
| 4BR | $3,499 | $2,850 | +$649 (+22.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.