Monthly Rent Report
ZIP 60827 Rent Report — February 2023
Asking rents in ZIP 60827, Chicago, from 9 listings.
Median 1BR rent in ZIP 60827 was $850 in February 2023, down 5.6% (−$50) from January 2023 and down 10.1% year-over-year. The middle half of 1BR listings asked between $850 and $850. That puts ZIP 60827 $550 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 9 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $850 | −$50 (-5.6%) | −$95 (-10.1%) | $850 – $850 | 1 |
| 1BR | $925 | +$25 (+2.8%) | −$20 (-2.1%) | $925 – $925 | 2 |
| 2BR | $1,050 | −$50 (-4.5%) | — | $1,050 – $1,050 | 1 |
| 2BR | $1,795 | +$695 (+63.2%) | — | $1,795 – $1,825 | 5 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
ZIP 60827 vs. Chicago — February 2023
| Bedrooms | ZIP 60827 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $850 | $1,400 | −$550 (-39.3%) |
| 1BR | $925 | $1,400 | −$475 (-33.9%) |
| 2BR | $1,050 | $1,695 | −$645 (-38.1%) |
| 2BR | $1,795 | $1,695 | +$100 (+5.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.