Monthly Rent Report

ZIP 60827 Rent Report — October 2023

Asking rents in ZIP 60827, Chicago, from 11 listings.

Median 1BR rent in ZIP 60827 was $900 in October 2023, flat versus September 2023 and down 2.7% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts ZIP 60827 $575 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 11 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2023Vs. October 2022P25–P75 RangeListings
1BR$900$0 (0.0%)−$25 (-2.7%)$900 – $9001
1BR$1,507+$607 (+67.4%)+$582 (+62.9%)$1,507 – $1,5071
2BR$1,100−$500 (-31.3%)+$100 (+10.0%)$1,100 – $1,1001
2BR$1,800+$200 (+12.5%)+$800 (+80.0%)$1,800 – $1,8001
3BR$2,050+$550 (+36.7%)+$900 (+78.3%)$2,025 – $2,0752
3BR$1,750+$250 (+16.7%)+$600 (+52.2%)$1,750 – $1,7505

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

ZIP 60827 vs. ChicagoOctober 2023

BedroomsZIP 60827 MedianChicago Citywide MedianDifference
1BR$900$1,475−$575 (-39.0%)
1BR$1,507$1,475+$32 (+2.2%)
2BR$1,100$1,800−$700 (-38.9%)
2BR$1,800$1,800$0 (0.0%)
3BR$2,050$2,450−$400 (-16.3%)
3BR$1,750$2,450−$700 (-28.6%)

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

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