Monthly Rent Report
Auburn Gresham Rent Report — August 2023
Asking rents in ZIP 60620, Chicago, from 48 listings.
Median 1BR rent in Auburn Gresham was $875 in August 2023, down 3.8% (−$35) from July 2023 and up 9.4% year-over-year. The middle half of 1BR listings asked between $850 and $1,500. That puts Auburn Gresham $645 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 48 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $785 | −$52 (-6.2%) | −$265 (-25.2%) | $785 – $785 | 1 |
| Studio | $725 | −$112 (-13.4%) | −$325 (-31.0%) | $699 – $748 | 10 |
| 1BR | $875 | −$35 (-3.8%) | +$75 (+9.4%) | $850 – $1,500 | 9 |
| 1BR | $850 | −$60 (-6.6%) | +$50 (+6.3%) | $850 – $850 | 1 |
| 2BR | $1,335 | +$135 (+11.3%) | +$101 (+8.2%) | $1,300 – $1,335 | 19 |
| 2BR | $1,150 | −$50 (-4.2%) | −$84 (-6.8%) | $1,150 – $1,150 | 1 |
| 3BR | $1,300 | −$550 (-29.7%) | $0 (0.0%) | $1,300 – $1,300 | 1 |
| 3BR | $1,827 | −$23 (-1.2%) | +$527 (+40.5%) | $1,827 – $1,827 | 1 |
| 4BR | $2,100 | +$675 (+47.4%) | +$325 (+18.3%) | $2,100 – $2,100 | 1 |
| 4BR | $1,350 | −$75 (-5.3%) | −$425 (-23.9%) | $1,350 – $1,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Auburn Gresham vs. Chicago — August 2023
| Bedrooms | Auburn Gresham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $785 | $1,250 | −$465 (-37.2%) |
| Studio | $725 | $1,250 | −$525 (-42.0%) |
| 1BR | $875 | $1,520 | −$645 (-42.4%) |
| 1BR | $850 | $1,520 | −$670 (-44.1%) |
| 2BR | $1,335 | $1,808 | −$472 (-26.1%) |
| 2BR | $1,150 | $1,808 | −$657 (-36.4%) |
| 3BR | $1,300 | $2,395 | −$1,095 (-45.7%) |
| 3BR | $1,827 | $2,395 | −$568 (-23.7%) |
| 4BR | $2,100 | $2,692 | −$592 (-22.0%) |
| 4BR | $1,350 | $2,692 | −$1,342 (-49.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.