Monthly Rent Report
Chatham Rent Report — October 2024
Asking rents in ZIP 60619, Chicago, from 48 listings.
Median 1BR rent in Chatham was $800 in October 2024, down 15.8% (−$150) from September 2024 and down 13.5% year-over-year. The middle half of 1BR listings asked between $775 and $825. That puts Chatham $637 below the Chicago citywide 1BR median of $1,437. The month's figures are based on 48 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $725 | −$55 (-7.1%) | +$50 (+7.4%) | $725 – $725 | 1 |
| Studio | $750 | −$30 (-3.8%) | +$75 (+11.1%) | $725 – $750 | 8 |
| 1BR | $800 | −$150 (-15.8%) | −$125 (-13.5%) | $775 – $825 | 2 |
| 1BR | $800 | −$150 (-15.8%) | −$125 (-13.5%) | $800 – $1,013 | 3 |
| 2BR | $1,400 | +$100 (+7.7%) | +$200 (+16.7%) | $1,200 – $1,400 | 3 |
| 2BR | $1,100 | −$200 (-15.4%) | −$100 (-8.3%) | $800 – $1,350 | 13 |
| 3BR | $1,300 | −$150 (-10.3%) | −$200 (-13.3%) | $1,300 – $1,850 | 9 |
| 3BR | $1,100 | −$350 (-24.1%) | −$400 (-26.7%) | $1,100 – $1,100 | 1 |
| 4BR | $1,300 | −$650 (-33.3%) | −$375 (-22.4%) | $1,300 – $1,700 | 5 |
| 4BR | $2,100 | +$150 (+7.7%) | +$425 (+25.4%) | $2,100 – $2,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — October 2024
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $725 | $1,298 | −$572 (-44.1%) |
| Studio | $750 | $1,298 | −$547 (-42.2%) |
| 1BR | $800 | $1,437 | −$636 (-44.3%) |
| 1BR | $800 | $1,437 | −$636 (-44.3%) |
| 2BR | $1,400 | $1,770 | −$369 (-20.9%) |
| 2BR | $1,100 | $1,770 | −$669 (-37.8%) |
| 3BR | $1,300 | $2,305 | −$1,005 (-43.6%) |
| 3BR | $1,100 | $2,305 | −$1,205 (-52.3%) |
| 4BR | $1,300 | $2,995 | −$1,695 (-56.6%) |
| 4BR | $2,100 | $2,995 | −$895 (-29.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.