Monthly Rent Report
Auburn Gresham Rent Report — May 2024
Asking rents in ZIP 60620, Chicago, from 589 listings.
Median 1BR rent in Auburn Gresham was $1,150 in May 2024, up 5.7% (+$62) from April 2024 and up 15.0% year-over-year. The middle half of 1BR listings asked between $900 and $1,450. That puts Auburn Gresham $353 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 589 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,095 | +$250 (+29.6%) | +$315 (+40.4%) | $815 – $1,250 | 46 |
| Studio | $800 | −$45 (-5.3%) | +$20 (+2.6%) | $800 – $800 | 1 |
| 1BR | $1,150 | +$62 (+5.7%) | +$150 (+15.0%) | $900 – $1,450 | 155 |
| 1BR | $900 | −$188 (-17.3%) | −$100 (-10.0%) | $900 – $900 | 1 |
| 2BR | $1,300 | $0 (0.0%) | +$66 (+5.3%) | $1,150 – $1,475 | 337 |
| 2BR | $1,100 | −$200 (-15.4%) | −$134 (-10.9%) | $1,075 – $1,125 | 2 |
| 3BR | $1,675 | +$225 (+15.5%) | +$275 (+19.6%) | $1,513 – $1,838 | 2 |
| 3BR | $1,400 | −$50 (-3.4%) | $0 (0.0%) | $1,400 – $1,400 | 1 |
| 4BR | $1,600 | −$50 (-3.0%) | −$150 (-8.6%) | $1,600 – $1,910 | 28 |
| 4BR | $1,713 | +$63 (+3.8%) | −$37 (-2.1%) | $1,588 – $1,725 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Auburn Gresham vs. Chicago — May 2024
| Bedrooms | Auburn Gresham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,095 | $1,196 | −$101 (-8.4%) |
| Studio | $800 | $1,196 | −$396 (-33.1%) |
| 1BR | $1,150 | $1,503 | −$352 (-23.5%) |
| 1BR | $900 | $1,503 | −$602 (-40.1%) |
| 2BR | $1,300 | $1,825 | −$525 (-28.8%) |
| 2BR | $1,100 | $1,825 | −$725 (-39.7%) |
| 3BR | $1,675 | $2,236 | −$561 (-25.1%) |
| 3BR | $1,400 | $2,236 | −$836 (-37.4%) |
| 4BR | $1,600 | $2,725 | −$1,125 (-41.3%) |
| 4BR | $1,713 | $2,725 | −$1,012 (-37.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.