Monthly Rent Report
ZIP 60827 Rent Report — February 2024
Asking rents in ZIP 60827, Chicago, from 15 listings.
Median 1BR rent in ZIP 60827 was $900 in February 2024, flat versus January 2024 and down 2.7% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts ZIP 60827 $600 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 15 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $800 | — | — | $800 – $800 | 1 |
| 1BR | $900 | $0 (0.0%) | −$25 (-2.7%) | $900 – $900 | 1 |
| 2BR | $1,100 | −$70 (-6.0%) | −$695 (-38.7%) | $1,100 – $1,100 | 3 |
| 2BR | $1,100 | −$70 (-6.0%) | −$695 (-38.7%) | $1,100 – $1,100 | 3 |
| 3BR | $1,750 | $0 (0.0%) | — | $1,750 – $1,750 | 1 |
| 3BR | $1,750 | $0 (0.0%) | — | $1,750 – $1,750 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
ZIP 60827 vs. Chicago — February 2024
| Bedrooms | ZIP 60827 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $800 | $1,211 | −$411 (-34.0%) |
| 1BR | $900 | $1,500 | −$600 (-40.0%) |
| 2BR | $1,100 | $1,813 | −$712 (-39.3%) |
| 2BR | $1,100 | $1,813 | −$712 (-39.3%) |
| 3BR | $1,750 | $2,300 | −$550 (-23.9%) |
| 3BR | $1,750 | $2,300 | −$550 (-23.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.