Monthly Rent Report
Chatham Rent Report — October 2023
Asking rents in ZIP 60619, Chicago, from 103 listings.
Median 1BR rent in Chatham was $950 in October 2023, down 24.3% (−$305) from September 2023 and down 5.0% year-over-year. The middle half of 1BR listings asked between $950 and $1,100. That puts Chatham $525 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 103 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $675 | +$25 (+3.8%) | −$25 (-3.6%) | $675 – $675 | 10 |
| Studio | $725 | +$75 (+11.5%) | +$25 (+3.6%) | $725 – $725 | 1 |
| 1BR | $950 | −$305 (-24.3%) | −$50 (-5.0%) | $950 – $1,100 | 18 |
| 1BR | $925 | −$330 (-26.3%) | −$75 (-7.5%) | $900 – $950 | 2 |
| 2BR | $1,325 | +$225 (+20.5%) | +$125 (+10.4%) | $1,313 – $1,338 | 2 |
| 2BR | $1,200 | +$100 (+9.1%) | $0 (0.0%) | $1,124 – $1,404 | 14 |
| 3BR | $1,500 | +$50 (+3.4%) | +$200 (+15.4%) | $1,400 – $1,600 | 50 |
| 3BR | $2,027 | +$577 (+39.8%) | +$727 (+55.9%) | $2,027 – $2,027 | 1 |
| 4BR | $1,800 | −$500 (-21.7%) | +$400 (+28.6%) | $1,800 – $1,800 | 1 |
| 4BR | $1,675 | −$625 (-27.2%) | +$275 (+19.6%) | $1,675 – $1,675 | 4 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — October 2023
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $675 | $1,200 | −$525 (-43.8%) |
| Studio | $725 | $1,200 | −$475 (-39.6%) |
| 1BR | $950 | $1,475 | −$525 (-35.6%) |
| 1BR | $925 | $1,475 | −$550 (-37.3%) |
| 2BR | $1,325 | $1,800 | −$475 (-26.4%) |
| 2BR | $1,200 | $1,800 | −$600 (-33.3%) |
| 3BR | $1,500 | $2,450 | −$950 (-38.8%) |
| 3BR | $2,027 | $2,450 | −$423 (-17.3%) |
| 4BR | $1,800 | $2,575 | −$775 (-30.1%) |
| 4BR | $1,675 | $2,575 | −$900 (-35.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.