Monthly Rent Report
Back of the Yards Rent Report — June 2024
Asking rents in ZIP 60609, Chicago, from 254 listings.
Median 1BR rent in Back of the Yards was $1,195 in June 2024, up 49.4% (+$395) from May 2024 and down 8.1% year-over-year. The middle half of 1BR listings asked between $900 and $1,300. That puts Back of the Yards $304 below the Chicago citywide 1BR median of $1,499. The month's figures are based on 254 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $875 | — | +$25 (+2.9%) | $875 – $875 | 3 |
| Studio | $875 | — | +$25 (+2.9%) | $875 – $875 | 5 |
| 1BR | $1,195 | +$395 (+49.4%) | −$105 (-8.1%) | $900 – $1,300 | 33 |
| 1BR | $800 | $0 (0.0%) | −$500 (-38.5%) | $800 – $800 | 1 |
| 2BR | $1,350 | −$125 (-8.5%) | +$15 (+1.1%) | $1,350 – $1,350 | 1 |
| 2BR | $1,363 | −$112 (-7.6%) | +$28 (+2.1%) | $1,200 – $1,648 | 128 |
| 3BR | $1,350 | −$325 (-19.4%) | −$250 (-15.6%) | $1,350 – $1,350 | 1 |
| 3BR | $1,650 | −$25 (-1.5%) | +$50 (+3.1%) | $1,550 – $1,950 | 74 |
| 4BR | $2,900 | −$300 (-9.4%) | +$1,025 (+54.7%) | $2,900 – $2,900 | 1 |
| 4BR | $1,800 | −$1,400 (-43.8%) | −$75 (-4.0%) | $1,575 – $2,350 | 7 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Back of the Yards vs. Chicago — June 2024
| Bedrooms | Back of the Yards Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $875 | $1,149 | −$274 (-23.8%) |
| Studio | $875 | $1,149 | −$274 (-23.8%) |
| 1BR | $1,195 | $1,499 | −$304 (-20.3%) |
| 1BR | $800 | $1,499 | −$699 (-46.6%) |
| 2BR | $1,350 | $1,899 | −$549 (-28.9%) |
| 2BR | $1,363 | $1,899 | −$536 (-28.2%) |
| 3BR | $1,350 | $2,395 | −$1,045 (-43.6%) |
| 3BR | $1,650 | $2,395 | −$745 (-31.1%) |
| 4BR | $2,900 | $2,698 | +$203 (+7.5%) |
| 4BR | $1,800 | $2,698 | −$897 (-33.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.