Monthly Rent Report
ZIP 60827 Rent Report — October 2022
Asking rents in ZIP 60827, Chicago, from 13 listings.
Median 1BR rent in ZIP 60827 was $925 in October 2022, down 2.6% (−$25) from September 2022 and up 15.6% year-over-year. The middle half of 1BR listings asked between $913 and $938. That puts ZIP 60827 $393 below the Chicago citywide 1BR median of $1,318. The month's figures are based on 13 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $700 | — | $0 (0.0%) | $700 – $700 | 1 |
| 1BR | $925 | −$25 (-2.6%) | +$125 (+15.6%) | $913 – $938 | 2 |
| 2BR | $1,250 | +$250 (+25.0%) | +$355 (+39.7%) | $1,250 – $1,250 | 5 |
| 2BR | $1,000 | $0 (0.0%) | +$105 (+11.7%) | $1,000 – $1,000 | 1 |
| 3BR | $1,150 | — | — | $1,150 – $1,150 | 1 |
| 4BR | $1,430 | −$170 (-10.6%) | +$125 (+9.6%) | $1,303 – $1,448 | 3 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
ZIP 60827 vs. Chicago — October 2022
| Bedrooms | ZIP 60827 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $700 | $1,050 | −$350 (-33.3%) |
| 1BR | $925 | $1,318 | −$392 (-29.8%) |
| 2BR | $1,250 | $1,700 | −$450 (-26.5%) |
| 2BR | $1,000 | $1,700 | −$700 (-41.2%) |
| 3BR | $1,150 | $2,190 | −$1,040 (-47.5%) |
| 4BR | $1,430 | $2,478 | −$1,047 (-42.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2022.