Monthly Rent Report

Beverly Rent Report — May 2023

Asking rents in ZIP 60643, Chicago, from 105 listings.

Median 1BR rent in Beverly was $1,050 in May 2023, up 23.5% (+$200) from April 2023 and down 4.5% year-over-year. The middle half of 1BR listings asked between $950 and $1,150. That puts Beverly $350 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 105 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2023Vs. May 2022P25–P75 RangeListings
Studio$975−$200 (-17.0%)$850 – $1,1384
Studio$1,175$0 (0.0%)$1,138 – $1,2132
1BR$1,050+$200 (+23.5%)−$50 (-4.5%)$950 – $1,1507
1BR$1,150+$300 (+35.3%)+$50 (+4.5%)$1,050 – $1,18626
2BR$1,800+$450 (+33.3%)+$400 (+28.6%)$1,800 – $1,8001
2BR$1,350$0 (0.0%)−$50 (-3.6%)$1,200 – $1,35018
3BR$1,600−$155 (-8.8%)+$50 (+3.2%)$1,525 – $1,75537
3BR$1,450−$305 (-17.4%)−$100 (-6.5%)$1,450 – $1,4501
4BR$3,271+$1,271 (+63.5%)+$1,621 (+98.2%)$2,438 – $3,5416
4BR$2,000$0 (0.0%)+$350 (+21.2%)$2,000 – $2,0001

Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.

Beverly vs. ChicagoMay 2023

BedroomsBeverly MedianChicago Citywide MedianDifference
Studio$975$1,200−$225 (-18.8%)
Studio$1,175$1,200−$25 (-2.1%)
1BR$1,050$1,400−$350 (-25.0%)
1BR$1,150$1,400−$250 (-17.9%)
2BR$1,800$1,698+$103 (+6.0%)
2BR$1,350$1,698−$347 (-20.5%)
3BR$1,600$2,300−$700 (-30.4%)
3BR$1,450$2,300−$850 (-37.0%)
4BR$3,271$2,548+$723 (+28.4%)
4BR$2,000$2,548−$547 (-21.5%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.

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