Monthly Rent Report
Auburn Gresham Rent Report — January 2024
Asking rents in ZIP 60620, Chicago, from 307 listings.
Median 1BR rent in Auburn Gresham was $925 in January 2024, up 27.6% (+$200) from December 2023 and up 5.7% year-over-year. The middle half of 1BR listings asked between $875 and $1,000. That puts Auburn Gresham $592 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 307 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $850 | +$65 (+8.3%) | +$75 (+9.7%) | $850 – $850 | 1 |
| Studio | $775 | −$10 (-1.3%) | $0 (0.0%) | $775 – $813 | 3 |
| 1BR | $925 | +$200 (+27.6%) | +$50 (+5.7%) | $875 – $1,000 | 40 |
| 1BR | $1,000 | +$275 (+37.9%) | +$125 (+14.3%) | $950 – $1,050 | 2 |
| 2BR | $1,050 | −$360 (-25.5%) | −$150 (-12.5%) | $1,000 – $1,335 | 139 |
| 2BR | $1,300 | −$110 (-7.8%) | +$100 (+8.3%) | $1,300 – $1,300 | 1 |
| 3BR | $1,400 | −$400 (-22.2%) | +$370 (+35.9%) | $1,400 – $1,400 | 1 |
| 3BR | $1,600 | −$200 (-11.1%) | +$570 (+55.3%) | $1,250 – $1,695 | 82 |
| 4BR | $1,650 | −$722 (-30.4%) | −$350 (-17.5%) | $1,500 – $1,850 | 23 |
| 4BR | $2,185 | −$187 (-7.9%) | +$185 (+9.3%) | $2,180 – $2,190 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Auburn Gresham vs. Chicago — January 2024
| Bedrooms | Auburn Gresham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $850 | $1,225 | −$375 (-30.6%) |
| Studio | $775 | $1,225 | −$450 (-36.7%) |
| 1BR | $925 | $1,517 | −$592 (-39.0%) |
| 1BR | $1,000 | $1,517 | −$517 (-34.1%) |
| 2BR | $1,050 | $1,800 | −$750 (-41.7%) |
| 2BR | $1,300 | $1,800 | −$500 (-27.8%) |
| 3BR | $1,400 | $2,300 | −$900 (-39.1%) |
| 3BR | $1,600 | $2,300 | −$700 (-30.4%) |
| 4BR | $1,650 | $2,792 | −$1,141 (-40.9%) |
| 4BR | $2,185 | $2,792 | −$606 (-21.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.