Monthly Rent Report
ZIP 60827 Rent Report — May 2024
Asking rents in ZIP 60827, Chicago, from 17 listings.
Median 1BR rent in ZIP 60827 was $925 in May 2024, down 15.9% (−$175) from April 2024 and up 15.6% year-over-year. The middle half of 1BR listings asked between $925 and $925. That puts ZIP 60827 $578 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 17 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $925 | −$175 (-15.9%) | +$125 (+15.6%) | $925 – $925 | 1 |
| 2BR | $1,178 | −$522 (-30.7%) | −$467 (-28.4%) | $1,070 – $1,285 | 4 |
| 2BR | $1,178 | −$522 (-30.7%) | −$467 (-28.4%) | $1,070 – $1,285 | 4 |
| 3BR | $1,900 | +$400 (+26.7%) | +$100 (+5.6%) | $1,900 – $1,900 | 1 |
| 3BR | $2,050 | +$550 (+36.7%) | +$250 (+13.9%) | $1,455 – $2,645 | 4 |
| 4BR | $2,500 | — | +$708 (+39.5%) | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60827 vs. Chicago — May 2024
| Bedrooms | ZIP 60827 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $925 | $1,503 | −$577 (-38.4%) |
| 2BR | $1,178 | $1,825 | −$647 (-35.5%) |
| 2BR | $1,178 | $1,825 | −$647 (-35.5%) |
| 3BR | $1,900 | $2,236 | −$336 (-15.0%) |
| 3BR | $2,050 | $2,236 | −$186 (-8.3%) |
| 4BR | $2,500 | $2,725 | −$225 (-8.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.