Monthly Rent Report
Auburn Gresham Rent Report — March 2023
Asking rents in ZIP 60620, Chicago, from 598 listings.
Median 1BR rent in Auburn Gresham was $900 in March 2023, down 5.3% (−$50) from February 2023 and up 5.9% year-over-year. The middle half of 1BR listings asked between $859 and $1,000. That puts Auburn Gresham $496 below the Chicago citywide 1BR median of $1,396. The month's figures are based on 598 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $785 | −$80 (-9.2%) | +$10 (+1.3%) | $750 – $1,050 | 21 |
| Studio | $837 | −$28 (-3.2%) | +$62 (+8.0%) | $837 – $837 | 2 |
| 1BR | $900 | −$50 (-5.3%) | +$50 (+5.9%) | $859 – $1,000 | 116 |
| 1BR | $995 | +$45 (+4.7%) | +$145 (+17.1%) | $995 – $995 | 1 |
| 2BR | $1,200 | −$30 (-2.4%) | −$25 (-2.0%) | $1,043 – $1,298 | 275 |
| 2BR | $1,000 | −$230 (-18.7%) | −$225 (-18.4%) | $1,000 – $1,000 | 1 |
| 3BR | $1,600 | +$200 (+14.3%) | +$223 (+16.2%) | $1,300 – $1,695 | 139 |
| 3BR | $1,300 | −$100 (-7.1%) | −$77 (-5.6%) | $1,300 – $1,300 | 2 |
| 4BR | $2,200 | +$1,025 (+87.2%) | +$1,000 (+83.3%) | $2,200 – $2,200 | 1 |
| 4BR | $1,650 | +$475 (+40.4%) | +$450 (+37.5%) | $1,561 – $1,850 | 26 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Auburn Gresham vs. Chicago — March 2023
| Bedrooms | Auburn Gresham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $785 | $1,204 | −$419 (-34.8%) |
| Studio | $837 | $1,204 | −$367 (-30.5%) |
| 1BR | $900 | $1,396 | −$496 (-35.5%) |
| 1BR | $995 | $1,396 | −$401 (-28.7%) |
| 2BR | $1,200 | $1,698 | −$497 (-29.3%) |
| 2BR | $1,000 | $1,698 | −$697 (-41.1%) |
| 3BR | $1,600 | $2,200 | −$600 (-27.3%) |
| 3BR | $1,300 | $2,200 | −$900 (-40.9%) |
| 4BR | $2,200 | $2,444 | −$244 (-10.0%) |
| 4BR | $1,650 | $2,444 | −$794 (-32.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.