Monthly Rent Report
Chatham Rent Report — April 2023
Asking rents in ZIP 60619, Chicago, from 739 listings.
Median 1BR rent in Chatham was $895 in April 2023, up 20.1% (+$150) from March 2023 and up 1.1% year-over-year. The middle half of 1BR listings asked between $840 and $951. That puts Chatham $530 below the Chicago citywide 1BR median of $1,425. The month's figures are based on 739 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | +$395 (+49.1%) | +$390 (+48.1%) | $1,200 – $1,200 | 1 |
| Studio | $810 | +$5 (+0.6%) | $0 (0.0%) | $725 – $900 | 47 |
| 1BR | $895 | +$150 (+20.1%) | +$10 (+1.1%) | $840 – $951 | 244 |
| 1BR | $888 | +$143 (+19.1%) | +$3 (+0.3%) | $875 – $900 | 4 |
| 2BR | $1,200 | $0 (0.0%) | −$135 (-10.1%) | $1,015 – $1,275 | 316 |
| 2BR | $1,100 | −$100 (-8.3%) | −$235 (-17.6%) | $1,100 – $1,100 | 2 |
| 3BR | $1,499 | +$49 (+3.4%) | +$479 (+47.0%) | $1,350 – $1,600 | 95 |
| 3BR | $1,650 | +$200 (+13.8%) | +$630 (+61.8%) | $1,650 – $1,650 | 1 |
| 4BR | $1,250 | −$400 (-24.2%) | −$100 (-7.4%) | $1,250 – $1,550 | 26 |
| 4BR | $1,800 | +$150 (+9.1%) | +$450 (+33.3%) | $1,700 – $1,900 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — April 2023
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,195 | +$5 (+0.4%) |
| Studio | $810 | $1,195 | −$385 (-32.2%) |
| 1BR | $895 | $1,425 | −$530 (-37.2%) |
| 1BR | $888 | $1,425 | −$537 (-37.7%) |
| 2BR | $1,200 | $1,725 | −$525 (-30.4%) |
| 2BR | $1,100 | $1,725 | −$625 (-36.2%) |
| 3BR | $1,499 | $2,300 | −$801 (-34.8%) |
| 3BR | $1,650 | $2,300 | −$650 (-28.3%) |
| 4BR | $1,250 | $2,597 | −$1,347 (-51.9%) |
| 4BR | $1,800 | $2,597 | −$797 (-30.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.