Monthly Rent Report
Goose Island Rent Report — May 2023
Asking rents in ZIP 60642, Chicago, from 653 listings.
Median 1BR rent in Goose Island was $1,725 in May 2023, down 26.5% (−$621) from April 2023 and down 21.4% year-over-year. The middle half of 1BR listings asked between $1,638 and $1,813. That puts Goose Island $325 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 653 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,000 | −$249 (-11.1%) | +$250 (+14.3%) | $1,850 – $2,123 | 62 |
| Studio | $1,925 | −$324 (-14.4%) | +$175 (+10.0%) | $1,925 – $1,925 | 1 |
| 1BR | $1,725 | −$621 (-26.5%) | −$470 (-21.4%) | $1,638 – $1,813 | 2 |
| 1BR | $2,342 | −$4 (-0.2%) | +$147 (+6.7%) | $1,861 – $2,595 | 198 |
| 2BR | $2,875 | +$325 (+12.7%) | +$1,335 (+86.7%) | $2,095 – $3,675 | 223 |
| 2BR | $2,675 | +$125 (+4.9%) | +$1,135 (+73.7%) | $2,413 – $2,938 | 2 |
| 3BR | $3,200 | −$95 (-2.9%) | +$1,000 (+45.5%) | $2,700 – $4,400 | 131 |
| 3BR | $4,723 | +$1,428 (+43.3%) | +$2,523 (+114.7%) | $3,959 – $5,486 | 2 |
| 4BR | $4,500 | +$1,000 (+28.6%) | +$1,100 (+32.4%) | $4,500 – $4,500 | 1 |
| 4BR | $3,800 | +$300 (+8.6%) | +$400 (+11.8%) | $3,350 – $4,200 | 25 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Goose Island vs. Chicago — May 2023
| Bedrooms | Goose Island Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,000 | $1,200 | +$800 (+66.7%) |
| Studio | $1,925 | $1,200 | +$725 (+60.4%) |
| 1BR | $1,725 | $1,400 | +$325 (+23.2%) |
| 1BR | $2,342 | $1,400 | +$942 (+67.3%) |
| 2BR | $2,875 | $1,698 | +$1,178 (+69.4%) |
| 2BR | $2,675 | $1,698 | +$978 (+57.6%) |
| 3BR | $3,200 | $2,300 | +$900 (+39.1%) |
| 3BR | $4,723 | $2,300 | +$2,423 (+105.3%) |
| 4BR | $4,500 | $2,548 | +$1,953 (+76.6%) |
| 4BR | $3,800 | $2,548 | +$1,253 (+49.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.