Monthly Rent Report
Chatham Rent Report — November 2022
Asking rents in ZIP 60619, Chicago, from 95 listings.
Median 1BR rent in Chatham was $925 in November 2022, down 7.5% (−$75) from October 2022 and up 15.6% year-over-year. The middle half of 1BR listings asked between $925 and $925. That puts Chatham $475 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 95 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,000 | $0 (0.0%) | +$250 (+33.3%) | $1,000 – $1,000 | 1 |
| Studio | $725 | −$275 (-27.5%) | −$25 (-3.3%) | $703 – $778 | 6 |
| 1BR | $925 | −$75 (-7.5%) | +$125 (+15.6%) | $925 – $925 | 1 |
| 1BR | $1,000 | $0 (0.0%) | +$200 (+25.0%) | $850 – $1,050 | 29 |
| 2BR | $1,140 | −$60 (-5.0%) | −$137 (-10.8%) | $995 – $1,200 | 23 |
| 2BR | $885 | −$315 (-26.3%) | −$393 (-30.8%) | $706 – $1,058 | 4 |
| 3BR | $1,350 | +$50 (+3.8%) | +$500 (+58.8%) | $1,300 – $1,600 | 19 |
| 3BR | $1,700 | +$400 (+30.8%) | +$850 (+100.0%) | $1,700 – $1,700 | 1 |
| 4BR | $2,500 | +$800 (+47.1%) | +$900 (+56.3%) | $2,500 – $2,500 | 1 |
| 4BR | $1,700 | $0 (0.0%) | +$100 (+6.3%) | $1,500 – $1,763 | 8 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — November 2022
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,000 | $1,120 | −$120 (-10.7%) |
| Studio | $725 | $1,120 | −$395 (-35.3%) |
| 1BR | $925 | $1,400 | −$475 (-33.9%) |
| 1BR | $1,000 | $1,400 | −$400 (-28.6%) |
| 2BR | $1,140 | $1,700 | −$560 (-32.9%) |
| 2BR | $885 | $1,700 | −$815 (-48.0%) |
| 3BR | $1,350 | $2,100 | −$750 (-35.7%) |
| 3BR | $1,700 | $2,100 | −$400 (-19.0%) |
| 4BR | $2,500 | $2,500 | $0 (0.0%) |
| 4BR | $1,700 | $2,500 | −$800 (-32.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2022.