Monthly Rent Report
Back of the Yards Rent Report — December 2024
Asking rents in ZIP 60609, Chicago, from 65 listings.
Median 1BR rent in Back of the Yards was $1,450 in December 2024, down 9.4% (−$150) from November 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $1,125 and $1,450. That puts Back of the Yards $200 below the Chicago citywide 1BR median of $1,650. The month's figures are based on 65 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,195 | +$300 (+33.5%) | +$345 (+40.6%) | $1,050 – $1,250 | 9 |
| 1BR | $1,450 | −$150 (-9.4%) | $0 (0.0%) | $1,125 – $1,450 | 10 |
| 1BR | $895 | −$705 (-44.1%) | −$555 (-38.3%) | $895 – $895 | 1 |
| 2BR | $1,686 | +$136 (+8.8%) | +$491 (+41.1%) | $1,686 – $1,686 | 1 |
| 2BR | $1,525 | −$25 (-1.6%) | +$330 (+27.6%) | $1,356 – $2,200 | 14 |
| 3BR | $1,650 | −$250 (-13.2%) | +$125 (+8.2%) | $1,650 – $1,650 | 1 |
| 3BR | $1,600 | −$300 (-15.8%) | +$75 (+4.9%) | $1,575 – $1,850 | 18 |
| 4BR | $1,695 | −$105 (-5.8%) | −$154 (-8.4%) | $1,643 – $1,748 | 2 |
| 4BR | $1,700 | −$100 (-5.6%) | −$149 (-8.1%) | $1,700 – $1,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Back of the Yards vs. Chicago — December 2024
| Bedrooms | Back of the Yards Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,195 | $1,385 | −$190 (-13.7%) |
| 1BR | $1,450 | $1,650 | −$200 (-12.1%) |
| 1BR | $895 | $1,650 | −$755 (-45.8%) |
| 2BR | $1,686 | $1,953 | −$266 (-13.6%) |
| 2BR | $1,525 | $1,953 | −$427 (-21.9%) |
| 3BR | $1,650 | $2,395 | −$745 (-31.1%) |
| 3BR | $1,600 | $2,395 | −$795 (-33.2%) |
| 4BR | $1,695 | $2,850 | −$1,155 (-40.5%) |
| 4BR | $1,700 | $2,850 | −$1,150 (-40.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.