Monthly Rent Report
Back of the Yards Rent Report — October 2024
Asking rents in ZIP 60609, Chicago, from 40 listings.
Median 1BR rent in Back of the Yards was $1,300 in October 2024, down 7.1% (−$100) from September 2024 and up 100.0% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,450. That puts Back of the Yards $137 below the Chicago citywide 1BR median of $1,437. The month's figures are based on 40 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $750 | −$245 (-24.6%) | −$150 (-16.7%) | $750 – $750 | 1 |
| 1BR | $1,300 | −$100 (-7.1%) | +$650 (+100.0%) | $1,300 – $1,450 | 3 |
| 1BR | $1,000 | −$400 (-28.6%) | +$350 (+53.8%) | $1,000 – $1,000 | 1 |
| 2BR | $1,950 | +$553 (+39.5%) | +$600 (+44.4%) | $1,950 – $1,950 | 2 |
| 2BR | $1,400 | +$3 (+0.2%) | +$50 (+3.7%) | $1,100 – $1,400 | 11 |
| 3BR | $1,450 | −$300 (-17.1%) | −$150 (-9.4%) | $1,375 – $1,525 | 2 |
| 3BR | $1,600 | −$150 (-8.6%) | $0 (0.0%) | $1,600 – $2,000 | 15 |
| 4BR | $2,200 | +$500 (+29.4%) | +$705 (+47.2%) | $1,913 – $2,575 | 3 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Back of the Yards vs. Chicago — October 2024
| Bedrooms | Back of the Yards Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $750 | $1,298 | −$547 (-42.2%) |
| 1BR | $1,300 | $1,437 | −$136 (-9.5%) |
| 1BR | $1,000 | $1,437 | −$436 (-30.4%) |
| 2BR | $1,950 | $1,770 | +$181 (+10.2%) |
| 2BR | $1,400 | $1,770 | −$369 (-20.9%) |
| 3BR | $1,450 | $2,305 | −$855 (-37.1%) |
| 3BR | $1,600 | $2,305 | −$705 (-30.6%) |
| 4BR | $2,200 | $2,995 | −$795 (-26.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.