Monthly Rent Report

ZIP 60827 Rent Report — July 2024

Asking rents in ZIP 60827, Chicago, from 9 listings.

Median 1BR rent in ZIP 60827 was $750 in July 2024, down 6.3% (−$50) from June 2024 and down 16.7% year-over-year. The middle half of 1BR listings asked between $750 and $750. That puts ZIP 60827 $810 below the Chicago citywide 1BR median of $1,560. The month's figures are based on 9 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2024Vs. July 2023P25–P75 RangeListings
1BR$750−$50 (-6.3%)−$150 (-16.7%)$750 – $7501
1BR$2,095+$1,295 (+161.9%)+$1,195 (+132.8%)$2,095 – $2,0952
2BR$1,305+$135 (+11.5%)−$495 (-27.5%)$1,238 – $1,5033
2BR$1,050−$120 (-10.3%)−$750 (-41.7%)$1,050 – $1,0501
3BR$1,500+$15 (+1.0%)−$495 (-24.8%)$1,500 – $1,5001
3BR$1,485$0 (0.0%)−$510 (-25.6%)$1,485 – $1,4851

Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.

ZIP 60827 vs. ChicagoJuly 2024

BedroomsZIP 60827 MedianChicago Citywide MedianDifference
1BR$750$1,560−$810 (-51.9%)
1BR$2,095$1,560+$535 (+34.3%)
2BR$1,305$1,805−$500 (-27.7%)
2BR$1,050$1,805−$755 (-41.8%)
3BR$1,500$2,363−$862 (-36.5%)
3BR$1,485$2,363−$877 (-37.1%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.

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