Monthly Rent Report
Chatham Rent Report — January 2024
Asking rents in ZIP 60619, Chicago, from 246 listings.
Median 1BR rent in Chatham was $995 in January 2024, down 22.3% (−$285) from December 2023 and up 4.7% year-over-year. The middle half of 1BR listings asked between $995 and $995. That puts Chatham $522 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 246 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $750 | −$400 (-34.8%) | −$250 (-25.0%) | $675 – $750 | 5 |
| Studio | $1,000 | −$150 (-13.0%) | $0 (0.0%) | $1,000 – $1,000 | 2 |
| 1BR | $995 | −$285 (-22.3%) | +$45 (+4.7%) | $995 – $995 | 1 |
| 1BR | $950 | −$330 (-25.8%) | $0 (0.0%) | $895 – $1,000 | 53 |
| 2BR | $1,300 | −$112 (-8.0%) | +$170 (+15.0%) | $1,300 – $1,300 | 1 |
| 2BR | $1,335 | −$77 (-5.5%) | +$205 (+18.1%) | $1,200 – $1,435 | 100 |
| 3BR | $1,500 | +$300 (+25.0%) | +$175 (+13.2%) | $1,300 – $1,775 | 55 |
| 3BR | $1,650 | +$450 (+37.5%) | +$325 (+24.5%) | $1,650 – $1,650 | 1 |
| 4BR | $2,375 | +$280 (+13.4%) | −$25 (-1.0%) | $2,375 – $2,375 | 3 |
| 4BR | $1,950 | −$145 (-6.9%) | −$450 (-18.8%) | $1,800 – $2,375 | 22 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — January 2024
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $750 | $1,225 | −$475 (-38.8%) |
| Studio | $1,000 | $1,225 | −$225 (-18.4%) |
| 1BR | $995 | $1,517 | −$522 (-34.4%) |
| 1BR | $950 | $1,517 | −$567 (-37.4%) |
| 2BR | $1,300 | $1,800 | −$500 (-27.8%) |
| 2BR | $1,335 | $1,800 | −$465 (-25.8%) |
| 3BR | $1,500 | $2,300 | −$800 (-34.8%) |
| 3BR | $1,650 | $2,300 | −$650 (-28.3%) |
| 4BR | $2,375 | $2,792 | −$416 (-14.9%) |
| 4BR | $1,950 | $2,792 | −$841 (-30.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.