Monthly Rent Report
ZIP 60827 Rent Report — May 2023
Asking rents in ZIP 60827, Chicago, from 16 listings.
Median 1BR rent in ZIP 60827 was $800 in May 2023 and down 5.9% year-over-year. The middle half of 1BR listings asked between $750 and $850. That puts ZIP 60827 $600 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 16 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $800 | — | −$50 (-5.9%) | $750 – $850 | 2 |
| 2BR | $1,000 | −$50 (-4.8%) | −$100 (-9.1%) | $1,000 – $1,000 | 1 |
| 2BR | $1,645 | +$595 (+56.7%) | +$545 (+49.5%) | $1,645 – $1,673 | 9 |
| 3BR | $1,800 | +$50 (+2.9%) | — | $1,800 – $1,800 | 1 |
| 3BR | $1,422 | −$328 (-18.7%) | — | $1,422 – $1,422 | 1 |
| 4BR | $1,793 | — | — | $1,521 – $2,064 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60827 vs. Chicago — May 2023
| Bedrooms | ZIP 60827 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $800 | $1,400 | −$600 (-42.9%) |
| 2BR | $1,000 | $1,698 | −$697 (-41.1%) |
| 2BR | $1,645 | $1,698 | −$52 (-3.1%) |
| 3BR | $1,800 | $2,300 | −$500 (-21.7%) |
| 3BR | $1,422 | $2,300 | −$878 (-38.2%) |
| 4BR | $1,793 | $2,548 | −$755 (-29.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.