Monthly Rent Report

Brighton Park Rent Report — May 2023

Asking rents in ZIP 60632, Chicago, from 108 listings.

Median 1BR rent in Brighton Park was $845 in May 2023, flat versus April 2023 and down 6.1% year-over-year. The middle half of 1BR listings asked between $845 and $845. That puts Brighton Park $555 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 108 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2023Vs. May 2022P25–P75 RangeListings
Studio$950$950 – $9501
Studio$950$950 – $9501
1BR$845$0 (0.0%)−$55 (-6.1%)$845 – $8453
1BR$845$0 (0.0%)−$55 (-6.1%)$845 – $84530
2BR$1,295−$105 (-7.5%)+$58 (+4.6%)$1,200 – $1,30013
2BR$1,250−$150 (-10.7%)+$13 (+1.0%)$1,250 – $1,2501
3BR$1,450−$25 (-1.7%)−$35 (-2.4%)$1,450 – $1,4501
3BR$1,595+$120 (+8.1%)+$110 (+7.4%)$1,595 – $1,65050
4BR$2,050−$50 (-2.4%)$2,050 – $2,0501
4BR$2,248+$148 (+7.0%)$2,094 – $2,3954

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

Brighton Park vs. ChicagoMay 2023

BedroomsBrighton Park MedianChicago Citywide MedianDifference
Studio$950$1,200−$250 (-20.8%)
Studio$950$1,200−$250 (-20.8%)
1BR$845$1,400−$555 (-39.6%)
1BR$845$1,400−$555 (-39.6%)
2BR$1,295$1,698−$402 (-23.7%)
2BR$1,250$1,698−$447 (-26.4%)
3BR$1,450$2,300−$850 (-37.0%)
3BR$1,595$2,300−$705 (-30.7%)
4BR$2,050$2,548−$497 (-19.5%)
4BR$2,248$2,548−$300 (-11.8%)

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

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