Monthly Rent Report
Back of the Yards Rent Report — September 2024
Asking rents in ZIP 60609, Chicago, from 12 listings.
Median 1BR rent in Back of the Yards was $1,400 in September 2024, up 27.3% (+$300) from August 2024 and up 86.7% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,400. That puts Back of the Yards $95 below the Chicago citywide 1BR median of $1,495. The month's figures are based on 12 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | $0 (0.0%) | +$95 (+10.6%) | $995 – $995 | 2 |
| 1BR | $1,400 | +$300 (+27.3%) | +$650 (+86.7%) | $1,400 – $1,400 | 1 |
| 2BR | $1,150 | −$300 (-20.7%) | −$100 (-8.0%) | $1,150 – $1,150 | 2 |
| 2BR | $1,398 | −$52 (-3.6%) | +$148 (+11.8%) | $1,374 – $1,421 | 2 |
| 3BR | $1,175 | −$75 (-6.0%) | −$625 (-34.7%) | $1,175 – $1,175 | 2 |
| 3BR | $1,750 | +$500 (+40.0%) | −$50 (-2.8%) | $1,725 – $1,775 | 2 |
| 4BR | $1,700 | +$75 (+4.6%) | +$355 (+26.4%) | $1,700 – $1,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Back of the Yards vs. Chicago — September 2024
| Bedrooms | Back of the Yards Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,195 | −$200 (-16.7%) |
| 1BR | $1,400 | $1,495 | −$95 (-6.4%) |
| 2BR | $1,150 | $1,843 | −$692 (-37.6%) |
| 2BR | $1,398 | $1,843 | −$445 (-24.2%) |
| 3BR | $1,175 | $2,350 | −$1,175 (-50.0%) |
| 3BR | $1,750 | $2,350 | −$600 (-25.5%) |
| 4BR | $1,700 | $2,750 | −$1,050 (-38.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.