Monthly Rent Report
Chatham Rent Report — November 2023
Asking rents in ZIP 60619, Chicago, from 81 listings.
Median 1BR rent in Chatham was $1,507 in November 2023, up 58.6% (+$557) from October 2023 and up 62.9% year-over-year. The middle half of 1BR listings asked between $1,394 and $1,507. That puts Chatham in line with the Chicago citywide 1BR median of $1,504. The month's figures are based on 81 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $718 | −$7 (-1.0%) | −$7 (-1.0%) | $675 – $779 | 30 |
| Studio | $850 | +$125 (+17.2%) | +$125 (+17.2%) | $850 – $850 | 1 |
| 1BR | $1,507 | +$557 (+58.6%) | +$582 (+62.9%) | $1,394 – $1,507 | 3 |
| 1BR | $1,248 | +$298 (+31.4%) | +$323 (+34.9%) | $999 – $1,479 | 24 |
| 2BR | $1,443 | +$118 (+8.9%) | +$303 (+26.5%) | $1,368 – $1,535 | 4 |
| 2BR | $900 | −$425 (-32.1%) | −$240 (-21.1%) | $900 – $900 | 3 |
| 3BR | $1,405 | −$95 (-6.4%) | +$55 (+4.0%) | $1,350 – $1,459 | 6 |
| 3BR | $1,650 | +$150 (+10.0%) | +$300 (+22.2%) | $1,650 – $1,650 | 1 |
| 4BR | $1,675 | −$125 (-6.9%) | −$25 (-1.5%) | $1,625 – $1,800 | 5 |
| 4BR | $1,675 | −$125 (-6.9%) | −$25 (-1.5%) | $1,675 – $1,675 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — November 2023
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $718 | $1,160 | −$442 (-38.1%) |
| Studio | $850 | $1,160 | −$310 (-26.7%) |
| 1BR | $1,507 | $1,504 | +$4 (+0.2%) |
| 1BR | $1,248 | $1,504 | −$255 (-17.0%) |
| 2BR | $1,443 | $1,800 | −$357 (-19.9%) |
| 2BR | $900 | $1,800 | −$900 (-50.0%) |
| 3BR | $1,405 | $2,298 | −$893 (-38.9%) |
| 3BR | $1,650 | $2,298 | −$647 (-28.2%) |
| 4BR | $1,675 | $2,750 | −$1,075 (-39.1%) |
| 4BR | $1,675 | $2,750 | −$1,075 (-39.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.