Monthly Rent Report
Chatham Rent Report — September 2023
Asking rents in ZIP 60619, Chicago, from 35 listings.
Median 1BR rent in Chatham was $1,250 in September 2023, up 13.6% (+$150) from August 2023 and up 51.5% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,250. That puts Chatham $200 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 35 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $650 | −$60 (-8.5%) | −$185 (-22.2%) | $650 – $650 | 4 |
| Studio | $685 | −$25 (-3.5%) | −$150 (-18.0%) | $620 – $739 | 4 |
| 1BR | $1,250 | +$150 (+13.6%) | +$425 (+51.5%) | $1,250 – $1,250 | 2 |
| 1BR | $1,255 | +$155 (+14.1%) | +$430 (+52.1%) | $1,255 – $1,255 | 5 |
| 2BR | $1,100 | −$200 (-15.4%) | −$175 (-13.7%) | $1,100 – $1,200 | 8 |
| 2BR | $1,348 | +$48 (+3.7%) | +$73 (+5.7%) | $1,166 – $1,440 | 4 |
| 3BR | $1,550 | +$250 (+19.2%) | +$300 (+24.0%) | $1,550 – $1,550 | 6 |
| 3BR | $1,450 | +$150 (+11.5%) | +$200 (+16.0%) | $1,450 – $1,450 | 1 |
| 4BR | $2,300 | +$850 (+58.6%) | +$1,025 (+80.4%) | $2,300 – $2,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — September 2023
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $650 | $1,238 | −$587 (-47.5%) |
| Studio | $685 | $1,238 | −$552 (-44.6%) |
| 1BR | $1,250 | $1,450 | −$200 (-13.8%) |
| 1BR | $1,255 | $1,450 | −$195 (-13.4%) |
| 2BR | $1,100 | $1,738 | −$637 (-36.7%) |
| 2BR | $1,348 | $1,738 | −$390 (-22.4%) |
| 3BR | $1,550 | $2,327 | −$777 (-33.4%) |
| 3BR | $1,450 | $2,327 | −$877 (-37.7%) |
| 4BR | $2,300 | $2,783 | −$483 (-17.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.