Monthly Rent Report
Auburn Gresham Rent Report — May 2023
Asking rents in ZIP 60620, Chicago, from 354 listings.
Median 1BR rent in Auburn Gresham was $1,000 in May 2023, up 9.6% (+$88) from April 2023 and up 24.2% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts Auburn Gresham $400 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 354 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $900 | +$40 (+4.7%) | +$125 (+16.1%) | $900 – $900 | 1 |
| Studio | $780 | −$80 (-9.3%) | +$5 (+0.6%) | $771 – $825 | 26 |
| 1BR | $1,000 | +$88 (+9.6%) | +$195 (+24.2%) | $1,000 – $1,000 | 2 |
| 1BR | $875 | −$37 (-4.1%) | +$70 (+8.7%) | $875 – $875 | 1 |
| 2BR | $1,234 | −$66 (-5.1%) | −$158 (-11.4%) | $1,060 – $1,350 | 202 |
| 2BR | $993 | −$307 (-23.7%) | −$399 (-28.7%) | $989 – $996 | 2 |
| 3BR | $1,400 | −$135 (-8.8%) | +$400 (+40.0%) | $1,400 – $1,400 | 1 |
| 3BR | $1,600 | +$65 (+4.2%) | +$600 (+60.0%) | $1,300 – $1,700 | 97 |
| 4BR | $1,750 | +$155 (+9.7%) | +$500 (+40.0%) | $1,625 – $1,850 | 14 |
| 4BR | $1,700 | +$105 (+6.6%) | +$450 (+36.0%) | $1,700 – $1,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Auburn Gresham vs. Chicago — May 2023
| Bedrooms | Auburn Gresham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $900 | $1,200 | −$300 (-25.0%) |
| Studio | $780 | $1,200 | −$420 (-35.0%) |
| 1BR | $1,000 | $1,400 | −$400 (-28.6%) |
| 1BR | $875 | $1,400 | −$525 (-37.5%) |
| 2BR | $1,234 | $1,698 | −$463 (-27.3%) |
| 2BR | $993 | $1,698 | −$705 (-41.5%) |
| 3BR | $1,400 | $2,300 | −$900 (-39.1%) |
| 3BR | $1,600 | $2,300 | −$700 (-30.4%) |
| 4BR | $1,750 | $2,548 | −$797 (-31.3%) |
| 4BR | $1,700 | $2,548 | −$847 (-33.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.