Monthly Rent Report

ZIP 60827 Rent Report — August 2023

Asking rents in ZIP 60827, Chicago, from 9 listings.

Median 1BR rent in ZIP 60827 was $1,000 in August 2023, flat versus July 2023. The middle half of 1BR listings asked between $1,000 and $1,100. That puts ZIP 60827 $520 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 9 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2023Vs. August 2022P25–P75 RangeListings
1BR$1,000$0 (0.0%)$1,000 – $1,1003
1BR$900−$100 (-10.0%)$900 – $9001
2BR$1,600+$500 (+45.5%)+$625 (+64.1%)$1,600 – $1,6001
2BR$1,100$0 (0.0%)+$125 (+12.8%)$1,100 – $1,1001
3BR$1,750−$245 (-12.3%)$1,750 – $1,7502
3BR$1,595−$400 (-20.1%)$1,595 – $1,5951

Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.

ZIP 60827 vs. ChicagoAugust 2023

BedroomsZIP 60827 MedianChicago Citywide MedianDifference
1BR$1,000$1,520−$520 (-34.2%)
1BR$900$1,520−$620 (-40.8%)
2BR$1,600$1,808−$207 (-11.5%)
2BR$1,100$1,808−$707 (-39.1%)
3BR$1,750$2,395−$645 (-26.9%)
3BR$1,595$2,395−$800 (-33.4%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.

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