Monthly Rent Report
Chatham Rent Report — December 2023
Asking rents in ZIP 60619, Chicago, from 97 listings.
Median 1BR rent in Chatham was $1,280 in December 2023, down 15.1% (−$227) from November 2023 and up 65.2% year-over-year. The middle half of 1BR listings asked between $1,280 and $1,280. That puts Chatham $175 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 97 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $728 | −$122 (-14.4%) | −$47 (-6.1%) | $668 – $780 | 18 |
| Studio | $1,150 | +$300 (+35.3%) | +$375 (+48.4%) | $1,150 – $1,150 | 4 |
| 1BR | $1,280 | −$227 (-15.1%) | +$505 (+65.2%) | $1,280 – $1,280 | 1 |
| 1BR | $1,125 | −$382 (-25.3%) | +$350 (+45.2%) | $1,063 – $1,188 | 2 |
| 2BR | $1,250 | −$192 (-13.3%) | +$80 (+6.8%) | $1,150 – $1,441 | 4 |
| 2BR | $1,413 | −$30 (-2.1%) | +$243 (+20.7%) | $1,335 – $1,475 | 32 |
| 3BR | $1,700 | +$296 (+21.0%) | +$400 (+30.8%) | $1,550 – $2,000 | 26 |
| 3BR | $1,200 | −$204 (-14.6%) | −$100 (-7.7%) | $1,200 – $1,200 | 1 |
| 4BR | $2,200 | +$525 (+31.3%) | +$371 (+20.3%) | $2,200 – $2,200 | 5 |
| 4BR | $2,095 | +$420 (+25.1%) | +$266 (+14.5%) | $2,095 – $2,095 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — December 2023
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $728 | $1,218 | −$490 (-40.2%) |
| Studio | $1,150 | $1,218 | −$67 (-5.5%) |
| 1BR | $1,280 | $1,455 | −$175 (-12.0%) |
| 1BR | $1,125 | $1,455 | −$330 (-22.7%) |
| 2BR | $1,250 | $1,800 | −$550 (-30.6%) |
| 2BR | $1,413 | $1,800 | −$387 (-21.5%) |
| 3BR | $1,700 | $2,472 | −$772 (-31.2%) |
| 3BR | $1,200 | $2,472 | −$1,272 (-51.5%) |
| 4BR | $2,200 | $2,630 | −$430 (-16.3%) |
| 4BR | $2,095 | $2,630 | −$535 (-20.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.