Monthly Rent Report
ZIP 60827 Rent Report — March 2024
Asking rents in ZIP 60827, Chicago, from 10 listings.
Median 1BR rent in ZIP 60827 was $1,350 in March 2024, up 50.0% (+$450) from February 2024. The middle half of 1BR listings asked between $1,350 and $1,350. That puts ZIP 60827 $155 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 10 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $800 | $0 (0.0%) | — | $798 – $800 | 3 |
| 1BR | $1,350 | +$450 (+50.0%) | — | $1,350 – $1,350 | 1 |
| 1BR | $900 | $0 (0.0%) | — | $900 – $900 | 1 |
| 2BR | $1,050 | −$50 (-4.5%) | −$120 (-10.3%) | $1,050 – $1,050 | 1 |
| 2BR | $1,100 | $0 (0.0%) | −$70 (-6.0%) | $1,100 – $1,100 | 3 |
| 3BR | $1,500 | −$250 (-14.3%) | — | $1,500 – $1,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
ZIP 60827 vs. Chicago — March 2024
| Bedrooms | ZIP 60827 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $800 | $1,225 | −$425 (-34.7%) |
| 1BR | $1,350 | $1,505 | −$154 (-10.3%) |
| 1BR | $900 | $1,505 | −$604 (-40.2%) |
| 2BR | $1,050 | $1,900 | −$850 (-44.7%) |
| 2BR | $1,100 | $1,900 | −$800 (-42.1%) |
| 3BR | $1,500 | $2,250 | −$750 (-33.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.