Monthly Rent Report
ZIP 60827 Rent Report — December 2023
Asking rents in ZIP 60827, Chicago, from 17 listings.
Median 1BR rent in ZIP 60827 was $1,507 in December 2023, up 50.7% (+$507) from November 2023 and up 37.0% year-over-year. The middle half of 1BR listings asked between $1,458 and $1,507. That puts ZIP 60827 $52 above the Chicago citywide 1BR median of $1,455. The month's figures are based on 17 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $800 | +$50 (+6.7%) | — | $800 – $800 | 1 |
| 1BR | $1,507 | +$507 (+50.7%) | +$407 (+37.0%) | $1,458 – $1,507 | 4 |
| 1BR | $900 | −$100 (-10.0%) | −$200 (-18.2%) | $900 – $900 | 1 |
| 2BR | $1,075 | +$25 (+2.4%) | +$5 (+0.5%) | $1,075 – $1,075 | 1 |
| 2BR | $1,225 | +$175 (+16.7%) | +$155 (+14.5%) | $1,225 – $1,592 | 6 |
| 4BR | $1,850 | −$250 (-11.9%) | — | $1,825 – $1,875 | 2 |
| 4BR | $1,850 | −$250 (-11.9%) | — | $1,825 – $1,875 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
ZIP 60827 vs. Chicago — December 2023
| Bedrooms | ZIP 60827 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $800 | $1,218 | −$417 (-34.3%) |
| 1BR | $1,507 | $1,455 | +$52 (+3.6%) |
| 1BR | $900 | $1,455 | −$555 (-38.1%) |
| 2BR | $1,075 | $1,800 | −$725 (-40.3%) |
| 2BR | $1,225 | $1,800 | −$575 (-31.9%) |
| 4BR | $1,850 | $2,630 | −$780 (-29.7%) |
| 4BR | $1,850 | $2,630 | −$780 (-29.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.