Monthly Rent Report

Chatham Rent Report — November 2024

Asking rents in ZIP 60619, Chicago, from 105 listings.

Median 1BR rent in Chatham was $900 in November 2024, up 12.5% (+$100) from October 2024 and down 40.3% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts Chatham $675 below the Chicago citywide 1BR median of $1,575. The month's figures are based on 105 listings across 11 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2024Vs. November 2023P25–P75 RangeListings
Studio$785+$35 (+4.7%)−$65 (-7.6%)$785 – $7851
Studio$615−$135 (-18.0%)−$235 (-27.6%)$615 – $6154
1BR$900+$100 (+12.5%)−$607 (-40.3%)$900 – $9003
1BR$948+$148 (+18.4%)−$559 (-37.1%)$750 – $1,10030
2BR$1,675+$575 (+52.3%)+$775 (+86.1%)$1,613 – $1,7382
2BR$1,300+$200 (+18.2%)+$400 (+44.4%)$1,200 – $1,40040
3BR$1,650+$350 (+26.9%)+$246 (+17.5%)$1,600 – $1,75015
3BR$1,525+$225 (+17.3%)+$121 (+8.6%)$1,463 – $1,5882
4BR$2,600+$1,300 (+100.0%)+$925 (+55.2%)$2,600 – $2,6001
4BR$2,346+$1,046 (+80.5%)+$671 (+40.1%)$2,346 – $2,3465

Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.

Chatham vs. ChicagoNovember 2024

BedroomsChatham MedianChicago Citywide MedianDifference
Studio$785$1,292−$507 (-39.2%)
Studio$615$1,292−$677 (-52.4%)
1BR$900$1,575−$675 (-42.9%)
1BR$948$1,575−$627 (-39.8%)
2BR$1,675$1,945−$270 (-13.9%)
2BR$1,300$1,945−$645 (-33.2%)
3BR$1,650$2,200−$550 (-25.0%)
3BR$1,525$2,200−$675 (-30.7%)
4BR$2,600$2,990−$390 (-13.0%)
4BR$2,346$2,990−$644 (-21.5%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2024.

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