Monthly Rent Report
Goose Island Rent Report — May 2024
Asking rents in ZIP 60642, Chicago, from 1,607 listings.
Median 1BR rent in Goose Island was $2,736 in May 2024, up 3.4% (+$91) from April 2024 and up 58.6% year-over-year. The middle half of 1BR listings asked between $2,320 and $3,045. That puts Goose Island $1,234 above the Chicago citywide 1BR median of $1,503. The month's figures are based on 1,607 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,948 | +$50 (+2.6%) | −$52 (-2.6%) | $1,923 – $1,973 | 2 |
| Studio | $2,198 | +$300 (+15.8%) | +$198 (+9.9%) | $1,997 – $2,425 | 232 |
| 1BR | $2,736 | +$91 (+3.4%) | +$1,011 (+58.6%) | $2,320 – $3,045 | 749 |
| 1BR | $2,023 | −$622 (-23.5%) | +$298 (+17.2%) | $1,970 – $2,050 | 4 |
| 2BR | $2,348 | −$1,052 (-31.0%) | −$327 (-12.2%) | $2,224 – $2,471 | 2 |
| 2BR | $3,734 | +$334 (+9.8%) | +$1,059 (+39.6%) | $2,635 – $4,366 | 540 |
| 3BR | $2,650 | −$25 (-0.9%) | −$550 (-17.2%) | $2,650 – $2,650 | 1 |
| 3BR | $3,950 | +$1,275 (+47.7%) | +$750 (+23.4%) | $3,400 – $4,500 | 4 |
| 4BR | $3,900 | −$600 (-13.3%) | −$600 (-13.3%) | $3,472 – $4,100 | 15 |
| 4BR | $4,048 | −$452 (-10.1%) | −$452 (-10.1%) | $3,600 – $4,600 | 54 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Goose Island vs. Chicago — May 2024
| Bedrooms | Goose Island Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,948 | $1,196 | +$752 (+62.9%) |
| Studio | $2,198 | $1,196 | +$1,002 (+83.8%) |
| 1BR | $2,736 | $1,503 | +$1,234 (+82.1%) |
| 1BR | $2,023 | $1,503 | +$520 (+34.6%) |
| 2BR | $2,348 | $1,825 | +$523 (+28.6%) |
| 2BR | $3,734 | $1,825 | +$1,909 (+104.6%) |
| 3BR | $2,650 | $2,236 | +$414 (+18.5%) |
| 3BR | $3,950 | $2,236 | +$1,714 (+76.7%) |
| 4BR | $3,900 | $2,725 | +$1,175 (+43.1%) |
| 4BR | $4,048 | $2,725 | +$1,323 (+48.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.