Monthly Rent Report
Hegewisch Rent Report — March 2023
Asking rents in ZIP 60655, Chicago, from 77 listings.
Median 1BR rent in Hegewisch was $1,365 in March 2023, down 5.9% (−$85) from February 2023 and up 37.2% year-over-year. The middle half of 1BR listings asked between $1,309 and $1,493. That puts Hegewisch $31 below the Chicago citywide 1BR median of $1,396. The month's figures are based on 77 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,154 | −$37 (-3.1%) | — | $1,139 – $1,168 | 10 |
| 1BR | $1,365 | −$85 (-5.9%) | +$370 (+37.2%) | $1,309 – $1,493 | 20 |
| 1BR | $1,200 | −$250 (-17.2%) | +$205 (+20.6%) | $1,175 – $1,225 | 2 |
| 2BR | $1,695 | +$100 (+6.3%) | +$195 (+13.0%) | $1,598 – $1,695 | 11 |
| 2BR | $1,669 | +$74 (+4.6%) | +$169 (+11.3%) | $1,624 – $1,794 | 7 |
| 3BR | $2,100 | $0 (0.0%) | +$3 (+0.1%) | $2,100 – $2,100 | 2 |
| 3BR | $2,100 | $0 (0.0%) | +$3 (+0.1%) | $2,100 – $2,100 | 25 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Hegewisch vs. Chicago — March 2023
| Bedrooms | Hegewisch Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,154 | $1,204 | −$50 (-4.1%) |
| 1BR | $1,365 | $1,396 | −$31 (-2.2%) |
| 1BR | $1,200 | $1,396 | −$196 (-14.1%) |
| 2BR | $1,695 | $1,698 | −$2 (-0.1%) |
| 2BR | $1,669 | $1,698 | −$28 (-1.7%) |
| 3BR | $2,100 | $2,200 | −$100 (-4.5%) |
| 3BR | $2,100 | $2,200 | −$100 (-4.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.