Monthly Rent Report

Beverly Rent Report — May 2024

Asking rents in ZIP 60643, Chicago, from 312 listings.

Median 1BR rent in Beverly was $1,500 in May 2024, flat versus April 2024 and up 42.9% year-over-year. The middle half of 1BR listings asked between $1,261 and $1,595. That puts Beverly in line with the Chicago citywide 1BR median of $1,503. The month's figures are based on 312 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2024Vs. May 2023P25–P75 RangeListings
Studio$1,000−$1,278 (-56.1%)+$25 (+2.6%)$575 – $2,2785
Studio$575−$1,703 (-74.8%)−$400 (-41.0%)$575 – $5751
1BR$1,500$0 (0.0%)+$450 (+42.9%)$1,261 – $1,59550
1BR$1,500$0 (0.0%)+$450 (+42.9%)$1,500 – $1,5001
2BR$1,700+$5 (+0.3%)−$100 (-5.6%)$1,590 – $2,200101
2BR$1,590−$105 (-6.2%)−$210 (-11.7%)$1,590 – $1,5901
3BR$1,825−$1,126 (-38.2%)+$375 (+25.9%)$1,600 – $2,600114
3BR$2,350−$601 (-20.4%)+$900 (+62.1%)$2,350 – $2,3501
4BR$2,600−$1,606 (-38.2%)−$670 (-20.5%)$2,500 – $3,10013
4BR$2,600−$1,606 (-38.2%)−$670 (-20.5%)$2,500 – $3,10013

Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.

Beverly vs. ChicagoMay 2024

BedroomsBeverly MedianChicago Citywide MedianDifference
Studio$1,000$1,196−$196 (-16.4%)
Studio$575$1,196−$621 (-51.9%)
1BR$1,500$1,503−$2 (-0.2%)
1BR$1,500$1,503−$2 (-0.2%)
2BR$1,700$1,825−$125 (-6.8%)
2BR$1,590$1,825−$235 (-12.9%)
3BR$1,825$2,236−$411 (-18.4%)
3BR$2,350$2,236+$114 (+5.1%)
4BR$2,600$2,725−$125 (-4.6%)
4BR$2,600$2,725−$125 (-4.6%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.

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