Monthly Rent Report
Chatham Rent Report — February 2023
Asking rents in ZIP 60619, Chicago, from 849 listings.
Median 1BR rent in Chatham was $950 in February 2023, flat versus January 2023 and up 19.5% year-over-year. The middle half of 1BR listings asked between $865 and $1,150. That puts Chatham $450 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 849 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | +$303 (+37.9%) | +$275 (+33.3%) | $1,100 – $1,100 | 2 |
| Studio | $795 | −$2 (-0.3%) | −$30 (-3.6%) | $733 – $850 | 32 |
| 1BR | $950 | $0 (0.0%) | +$155 (+19.5%) | $865 – $1,150 | 293 |
| 1BR | $830 | −$120 (-12.6%) | +$35 (+4.4%) | $830 – $830 | 1 |
| 2BR | $1,160 | −$40 (-3.3%) | −$40 (-3.3%) | $1,160 – $1,160 | 1 |
| 2BR | $1,123 | −$77 (-6.5%) | −$77 (-6.5%) | $995 – $1,300 | 310 |
| 3BR | $1,400 | +$75 (+5.7%) | +$100 (+7.7%) | $1,300 – $1,600 | 182 |
| 3BR | $1,500 | +$175 (+13.2%) | +$200 (+15.4%) | $1,500 – $1,500 | 1 |
| 4BR | $1,300 | −$1,100 (-45.8%) | −$50 (-3.7%) | $1,300 – $1,300 | 1 |
| 4BR | $1,750 | −$650 (-27.1%) | +$400 (+29.6%) | $1,425 – $1,800 | 21 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — February 2023
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,149 | −$49 (-4.2%) |
| Studio | $795 | $1,149 | −$354 (-30.8%) |
| 1BR | $950 | $1,400 | −$450 (-32.1%) |
| 1BR | $830 | $1,400 | −$570 (-40.7%) |
| 2BR | $1,160 | $1,695 | −$535 (-31.6%) |
| 2BR | $1,123 | $1,695 | −$572 (-33.8%) |
| 3BR | $1,400 | $2,188 | −$787 (-36.0%) |
| 3BR | $1,500 | $2,188 | −$687 (-31.4%) |
| 4BR | $1,300 | $2,393 | −$1,092 (-45.7%) |
| 4BR | $1,750 | $2,393 | −$642 (-26.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.