Monthly Rent Report
Chatham Rent Report — January 2023
Asking rents in ZIP 60619, Chicago, from 427 listings.
Median 1BR rent in Chatham was $950 in January 2023, up 22.6% (+$175) from December 2022 and up 17.3% year-over-year. The middle half of 1BR listings asked between $895 and $955. That puts Chatham $400 below the Chicago citywide 1BR median of $1,350. The month's figures are based on 427 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $798 | +$43 (+5.6%) | +$213 (+36.3%) | $756 – $820 | 10 |
| Studio | $1,000 | +$245 (+32.5%) | +$415 (+70.9%) | $850 – $1,000 | 3 |
| 1BR | $950 | +$175 (+22.6%) | +$140 (+17.3%) | $895 – $955 | 3 |
| 1BR | $910 | +$135 (+17.4%) | +$100 (+12.3%) | $865 – $975 | 121 |
| 2BR | $1,130 | −$70 (-5.8%) | −$262 (-18.8%) | $1,125 – $1,315 | 3 |
| 2BR | $1,200 | $0 (0.0%) | −$192 (-13.8%) | $1,000 – $1,300 | 191 |
| 3BR | $1,325 | +$25 (+1.9%) | −$175 (-11.7%) | $1,263 – $1,388 | 2 |
| 3BR | $1,500 | +$200 (+15.4%) | $0 (0.0%) | $1,350 – $1,550 | 81 |
| 4BR | $2,400 | +$571 (+31.2%) | +$650 (+37.1%) | $2,400 – $2,400 | 1 |
| 4BR | $1,950 | +$121 (+6.6%) | +$200 (+11.4%) | $1,800 – $2,574 | 10 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — January 2023
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $798 | $1,061 | −$264 (-24.9%) |
| Studio | $1,000 | $1,061 | −$61 (-5.8%) |
| 1BR | $950 | $1,350 | −$400 (-29.6%) |
| 1BR | $910 | $1,350 | −$440 (-32.6%) |
| 2BR | $1,130 | $1,698 | −$567 (-33.4%) |
| 2BR | $1,200 | $1,698 | −$497 (-29.3%) |
| 3BR | $1,325 | $2,123 | −$797 (-37.6%) |
| 3BR | $1,500 | $2,123 | −$622 (-29.3%) |
| 4BR | $2,400 | $2,417 | −$16 (-0.7%) |
| 4BR | $1,950 | $2,417 | −$466 (-19.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.