Monthly Rent Report
Chatham Rent Report — June 2024
Asking rents in ZIP 60619, Chicago, from 113 listings.
Median 1BR rent in Chatham was $975 in June 2024, down 11.4% (−$125) from May 2024 and down 2.5% year-over-year. The middle half of 1BR listings asked between $975 and $975. That puts Chatham $524 below the Chicago citywide 1BR median of $1,499. The month's figures are based on 113 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $760 | −$15 (-1.9%) | +$35 (+4.8%) | $726 – $900 | 42 |
| Studio | $755 | −$20 (-2.6%) | +$30 (+4.1%) | $725 – $900 | 27 |
| 1BR | $975 | −$125 (-11.4%) | −$25 (-2.5%) | $975 – $975 | 1 |
| 1BR | $1,200 | +$100 (+9.1%) | +$200 (+20.0%) | $1,200 – $1,200 | 8 |
| 2BR | $1,075 | +$205 (+23.6%) | −$90 (-7.7%) | $1,075 – $1,075 | 1 |
| 2BR | $1,200 | +$330 (+37.9%) | +$35 (+3.0%) | $1,200 – $1,200 | 8 |
| 3BR | $1,325 | −$235 (-15.1%) | −$200 (-13.1%) | $1,138 – $1,513 | 2 |
| 3BR | $1,300 | −$260 (-16.7%) | −$225 (-14.8%) | $1,300 – $1,300 | 4 |
| 4BR | $1,350 | −$650 (-32.5%) | +$50 (+3.8%) | $1,350 – $1,642 | 7 |
| 4BR | $2,600 | +$600 (+30.0%) | +$1,300 (+100.0%) | $2,600 – $2,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — June 2024
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $760 | $1,149 | −$389 (-33.9%) |
| Studio | $755 | $1,149 | −$394 (-34.3%) |
| 1BR | $975 | $1,499 | −$524 (-34.9%) |
| 1BR | $1,200 | $1,499 | −$299 (-19.9%) |
| 2BR | $1,075 | $1,899 | −$824 (-43.4%) |
| 2BR | $1,200 | $1,899 | −$699 (-36.8%) |
| 3BR | $1,325 | $2,395 | −$1,070 (-44.7%) |
| 3BR | $1,300 | $2,395 | −$1,095 (-45.7%) |
| 4BR | $1,350 | $2,698 | −$1,347 (-50.0%) |
| 4BR | $2,600 | $2,698 | −$97 (-3.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.