Monthly Rent Report
Chatham Rent Report — December 2024
Asking rents in ZIP 60619, Chicago, from 151 listings.
Median 1BR rent in Chatham was $1,163 in December 2024, up 22.7% (+$215) from November 2024 and down 9.2% year-over-year. The middle half of 1BR listings asked between $925 and $1,300. That puts Chatham $488 below the Chicago citywide 1BR median of $1,650. The month's figures are based on 151 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,075 | +$290 (+36.9%) | −$75 (-6.5%) | $1,013 – $1,138 | 2 |
| Studio | $2,400 | +$1,615 (+205.7%) | +$1,250 (+108.7%) | $2,400 – $2,400 | 1 |
| 1BR | $1,163 | +$215 (+22.7%) | −$117 (-9.2%) | $925 – $1,300 | 32 |
| 1BR | $1,686 | +$739 (+77.9%) | +$406 (+31.7%) | $1,686 – $1,686 | 2 |
| 2BR | $1,400 | +$100 (+7.7%) | −$12 (-0.9%) | $1,281 – $1,686 | 46 |
| 2BR | $1,400 | +$100 (+7.7%) | −$12 (-0.9%) | $1,400 – $1,600 | 5 |
| 3BR | $1,800 | +$150 (+9.1%) | +$100 (+5.9%) | $1,546 – $2,100 | 42 |
| 3BR | $1,750 | +$100 (+6.1%) | +$50 (+2.9%) | $1,750 – $1,750 | 1 |
| 4BR | $2,700 | +$100 (+3.8%) | +$500 (+22.7%) | $2,200 – $2,800 | 15 |
| 4BR | $2,000 | −$600 (-23.1%) | −$200 (-9.1%) | $1,625 – $2,100 | 3 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — December 2024
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,075 | $1,385 | −$310 (-22.4%) |
| Studio | $2,400 | $1,385 | +$1,015 (+73.3%) |
| 1BR | $1,163 | $1,650 | −$487 (-29.5%) |
| 1BR | $1,686 | $1,650 | +$36 (+2.2%) |
| 2BR | $1,400 | $1,953 | −$552 (-28.3%) |
| 2BR | $1,400 | $1,953 | −$552 (-28.3%) |
| 3BR | $1,800 | $2,395 | −$595 (-24.8%) |
| 3BR | $1,750 | $2,395 | −$645 (-26.9%) |
| 4BR | $2,700 | $2,850 | −$150 (-5.3%) |
| 4BR | $2,000 | $2,850 | −$850 (-29.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.