Monthly Rent Report
Chatham Rent Report — December 2022
Asking rents in ZIP 60619, Chicago, from 173 listings.
Median 1BR rent in Chatham was $878 in December 2022, down 12.3% (−$122) from November 2022 and up 0.3% year-over-year. The middle half of 1BR listings asked between $845 and $913. That puts Chatham $468 below the Chicago citywide 1BR median of $1,345. The month's figures are based on 173 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $775 | +$50 (+6.9%) | +$25 (+3.3%) | $775 – $775 | 1 |
| Studio | $755 | +$30 (+4.1%) | +$5 (+0.7%) | $735 – $756 | 4 |
| 1BR | $878 | −$122 (-12.3%) | +$3 (+0.3%) | $845 – $913 | 44 |
| 1BR | $775 | −$225 (-22.5%) | −$100 (-11.4%) | $775 – $775 | 1 |
| 2BR | $1,200 | +$60 (+5.3%) | +$100 (+9.1%) | $1,200 – $1,200 | 2 |
| 2BR | $1,170 | +$30 (+2.6%) | +$70 (+6.4%) | $1,013 – $1,282 | 75 |
| 3BR | $1,300 | −$50 (-3.7%) | −$500 (-27.8%) | $1,275 – $1,409 | 32 |
| 3BR | $1,300 | −$50 (-3.7%) | −$500 (-27.8%) | $1,300 – $1,300 | 1 |
| 4BR | $1,829 | +$129 (+7.6%) | +$429 (+30.6%) | $1,800 – $1,829 | 9 |
| 4BR | $2,100 | +$400 (+23.5%) | +$700 (+50.0%) | $1,950 – $2,250 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — December 2022
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $775 | $1,050 | −$275 (-26.2%) |
| Studio | $755 | $1,050 | −$295 (-28.1%) |
| 1BR | $878 | $1,345 | −$467 (-34.8%) |
| 1BR | $775 | $1,345 | −$570 (-42.4%) |
| 2BR | $1,200 | $1,675 | −$475 (-28.4%) |
| 2BR | $1,170 | $1,675 | −$505 (-30.1%) |
| 3BR | $1,300 | $2,181 | −$881 (-40.4%) |
| 3BR | $1,300 | $2,181 | −$881 (-40.4%) |
| 4BR | $1,829 | $2,589 | −$760 (-29.4%) |
| 4BR | $2,100 | $2,589 | −$489 (-18.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2022.