Monthly Rent Report
Auburn Gresham Rent Report — February 2024
Asking rents in ZIP 60620, Chicago, from 538 listings.
Median 1BR rent in Auburn Gresham was $1,240 in February 2024, up 24.0% (+$240) from January 2024 and up 30.5% year-over-year. The middle half of 1BR listings asked between $1,240 and $1,240. That puts Auburn Gresham $260 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 538 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $740 | −$110 (-12.9%) | −$125 (-14.5%) | $710 – $800 | 13 |
| Studio | $775 | −$75 (-8.8%) | −$90 (-10.4%) | $710 – $825 | 11 |
| 1BR | $1,240 | +$240 (+24.0%) | +$290 (+30.5%) | $1,240 – $1,240 | 3 |
| 1BR | $913 | −$87 (-8.8%) | −$37 (-3.9%) | $725 – $1,100 | 4 |
| 2BR | $1,234 | +$184 (+17.5%) | +$234 (+23.4%) | $1,088 – $1,343 | 291 |
| 2BR | $1,350 | +$300 (+28.6%) | +$350 (+35.0%) | $1,350 – $1,350 | 1 |
| 3BR | $1,695 | +$95 (+5.9%) | +$345 (+25.6%) | $1,400 – $1,800 | 173 |
| 3BR | $2,184 | +$584 (+36.5%) | +$834 (+61.8%) | $2,184 – $2,184 | 1 |
| 4BR | $2,233 | +$48 (+2.2%) | +$638 (+40.0%) | $2,233 – $2,233 | 1 |
| 4BR | $1,850 | −$335 (-15.3%) | +$255 (+16.0%) | $1,650 – $1,955 | 31 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Auburn Gresham vs. Chicago — February 2024
| Bedrooms | Auburn Gresham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $740 | $1,211 | −$471 (-38.9%) |
| Studio | $775 | $1,211 | −$436 (-36.0%) |
| 1BR | $1,240 | $1,500 | −$260 (-17.3%) |
| 1BR | $913 | $1,500 | −$587 (-39.2%) |
| 2BR | $1,234 | $1,813 | −$578 (-31.9%) |
| 2BR | $1,350 | $1,813 | −$462 (-25.5%) |
| 3BR | $1,695 | $2,300 | −$605 (-26.3%) |
| 3BR | $2,184 | $2,300 | −$116 (-5.0%) |
| 4BR | $2,233 | $2,792 | −$558 (-20.0%) |
| 4BR | $1,850 | $2,792 | −$941 (-33.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.