Monthly Rent Report
Chatham Rent Report — September 2024
Asking rents in ZIP 60619, Chicago, from 52 listings.
Median 1BR rent in Chatham was $1,100 in September 2024, down 15.4% (−$200) from August 2024 and down 12.0% year-over-year. The middle half of 1BR listings asked between $1,060 and $1,327. That puts Chatham $395 below the Chicago citywide 1BR median of $1,495. The month's figures are based on 52 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $780 | +$5 (+0.6%) | +$130 (+20.0%) | $775 – $888 | 15 |
| 1BR | $1,100 | −$200 (-15.4%) | −$150 (-12.0%) | $1,060 – $1,327 | 6 |
| 1BR | $950 | −$350 (-26.9%) | −$300 (-24.0%) | $950 – $950 | 1 |
| 2BR | $1,425 | +$125 (+9.6%) | +$78 (+5.8%) | $1,381 – $1,488 | 10 |
| 2BR | $1,300 | $0 (0.0%) | −$47 (-3.5%) | $1,300 – $1,300 | 1 |
| 3BR | $1,450 | −$100 (-6.5%) | −$100 (-6.5%) | $1,375 – $1,525 | 2 |
| 4BR | $1,950 | +$132 (+7.3%) | −$350 (-15.2%) | $1,950 – $1,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — September 2024
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $780 | $1,195 | −$415 (-34.7%) |
| 1BR | $1,100 | $1,495 | −$395 (-26.4%) |
| 1BR | $950 | $1,495 | −$545 (-36.5%) |
| 2BR | $1,425 | $1,843 | −$417 (-22.7%) |
| 2BR | $1,300 | $1,843 | −$542 (-29.4%) |
| 3BR | $1,450 | $2,350 | −$900 (-38.3%) |
| 4BR | $1,950 | $2,750 | −$800 (-29.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.