Monthly Rent Report
Auburn Gresham Rent Report — August 2024
Asking rents in ZIP 60620, Chicago, from 25 listings.
Median 1BR rent in Auburn Gresham was $1,100 in August 2024, up 22.2% (+$200) from July 2024 and up 25.7% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,100. That puts Auburn Gresham $438 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 25 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | $0 (0.0%) | +$365 (+46.5%) | $800 – $1,250 | 19 |
| 1BR | $1,100 | +$200 (+22.2%) | +$225 (+25.7%) | $1,100 – $1,100 | 1 |
| 2BR | $1,400 | +$188 (+15.5%) | +$250 (+21.7%) | $1,400 – $1,400 | 1 |
| 3BR | $1,400 | −$100 (-6.7%) | −$427 (-23.4%) | $1,325 – $1,475 | 2 |
| 4BR | $1,850 | +$250 (+15.6%) | +$500 (+37.0%) | $1,850 – $1,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Auburn Gresham vs. Chicago — August 2024
| Bedrooms | Auburn Gresham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,190 | −$40 (-3.4%) |
| 1BR | $1,100 | $1,538 | −$438 (-28.5%) |
| 2BR | $1,400 | $1,823 | −$422 (-23.2%) |
| 3BR | $1,400 | $2,300 | −$900 (-39.1%) |
| 4BR | $1,850 | $2,995 | −$1,145 (-38.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.