Monthly Rent Report
Chatham Rent Report — July 2024
Asking rents in ZIP 60619, Chicago, from 249 listings.
Median 1BR rent in Chatham was $920 in July 2024, down 5.6% (−$55) from June 2024 and down 18.4% year-over-year. The middle half of 1BR listings asked between $878 and $1,000. That puts Chatham $640 below the Chicago citywide 1BR median of $1,560. The month's figures are based on 249 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $775 | +$15 (+2.0%) | +$125 (+19.2%) | $725 – $775 | 5 |
| Studio | $760 | $0 (0.0%) | +$110 (+16.9%) | $729 – $900 | 14 |
| 1BR | $920 | −$55 (-5.6%) | −$207 (-18.4%) | $878 – $1,000 | 47 |
| 1BR | $1,800 | +$825 (+84.6%) | +$673 (+59.6%) | $1,800 – $1,800 | 1 |
| 2BR | $1,000 | −$200 (-16.7%) | −$340 (-25.4%) | $1,000 – $1,000 | 2 |
| 2BR | $1,280 | +$80 (+6.7%) | −$60 (-4.5%) | $1,020 – $1,420 | 121 |
| 3BR | $1,525 | +$225 (+17.3%) | −$75 (-4.7%) | $1,406 – $2,146 | 50 |
| 3BR | $1,450 | +$150 (+11.5%) | −$150 (-9.4%) | $1,450 – $1,450 | 2 |
| 4BR | $3,000 | +$1,650 (+122.2%) | +$1,750 (+140.0%) | $3,000 – $3,000 | 3 |
| 4BR | $1,375 | +$25 (+1.9%) | +$125 (+10.0%) | $1,363 – $1,388 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — July 2024
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $775 | $1,218 | −$443 (-36.4%) |
| Studio | $760 | $1,218 | −$458 (-37.6%) |
| 1BR | $920 | $1,560 | −$640 (-41.0%) |
| 1BR | $1,800 | $1,560 | +$240 (+15.4%) |
| 2BR | $1,000 | $1,805 | −$805 (-44.6%) |
| 2BR | $1,280 | $1,805 | −$525 (-29.1%) |
| 3BR | $1,525 | $2,363 | −$837 (-35.4%) |
| 3BR | $1,450 | $2,363 | −$912 (-38.6%) |
| 4BR | $3,000 | $2,789 | +$211 (+7.6%) |
| 4BR | $1,375 | $2,789 | −$1,414 (-50.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.