Monthly Rent Report
Brighton Park Rent Report — August 2023
Asking rents in ZIP 60632, Chicago, from 24 listings.
Median 1BR rent in Brighton Park was $1,000 in August 2023, up 18.3% (+$155) from July 2023 and up 2.6% year-over-year. The middle half of 1BR listings asked between $975 and $1,025. That puts Brighton Park $520 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 24 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,188 | +$238 (+25.0%) | — | $969 – $1,400 | 4 |
| Studio | $1,188 | +$238 (+25.0%) | — | $969 – $1,400 | 4 |
| 1BR | $1,000 | +$155 (+18.3%) | +$25 (+2.6%) | $975 – $1,025 | 2 |
| 1BR | $845 | $0 (0.0%) | −$130 (-13.3%) | $845 – $845 | 4 |
| 2BR | $1,300 | −$100 (-7.1%) | +$75 (+6.1%) | $1,300 – $1,300 | 2 |
| 2BR | $1,250 | −$150 (-10.7%) | +$25 (+2.0%) | $1,250 – $1,250 | 2 |
| 3BR | $1,900 | −$50 (-2.6%) | +$300 (+18.8%) | $1,900 – $1,900 | 1 |
| 3BR | $1,650 | −$300 (-15.4%) | +$50 (+3.1%) | $1,595 – $1,650 | 5 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Brighton Park vs. Chicago — August 2023
| Bedrooms | Brighton Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,188 | $1,250 | −$62 (-5.0%) |
| Studio | $1,188 | $1,250 | −$62 (-5.0%) |
| 1BR | $1,000 | $1,520 | −$520 (-34.2%) |
| 1BR | $845 | $1,520 | −$675 (-44.4%) |
| 2BR | $1,300 | $1,808 | −$507 (-28.1%) |
| 2BR | $1,250 | $1,808 | −$557 (-30.8%) |
| 3BR | $1,900 | $2,395 | −$495 (-20.7%) |
| 3BR | $1,650 | $2,395 | −$745 (-31.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.