Monthly Rent Report
Hegewisch Rent Report — April 2023
Asking rents in ZIP 60655, Chicago, from 66 listings.
Median 1BR rent in Hegewisch was $1,364 in April 2023, up 13.7% (+$164) from March 2023 and up 18.6% year-over-year. The middle half of 1BR listings asked between $1,331 and $1,436. That puts Hegewisch $61 below the Chicago citywide 1BR median of $1,425. The month's figures are based on 66 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,174 | +$20 (+1.7%) | — | $1,165 – $1,183 | 4 |
| 1BR | $1,364 | +$164 (+13.7%) | +$214 (+18.6%) | $1,331 – $1,436 | 21 |
| 1BR | $825 | −$375 (-31.3%) | −$325 (-28.3%) | $825 – $825 | 1 |
| 2BR | $1,609 | −$86 (-5.1%) | +$9 (+0.6%) | $1,609 – $1,687 | 8 |
| 2BR | $1,595 | −$100 (-5.9%) | −$5 (-0.3%) | $1,275 – $1,595 | 7 |
| 3BR | $1,825 | −$275 (-13.1%) | −$270 (-12.9%) | $1,825 – $1,825 | 1 |
| 3BR | $2,100 | $0 (0.0%) | +$5 (+0.2%) | $2,095 – $2,100 | 24 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Hegewisch vs. Chicago — April 2023
| Bedrooms | Hegewisch Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,174 | $1,195 | −$21 (-1.8%) |
| 1BR | $1,364 | $1,425 | −$61 (-4.3%) |
| 1BR | $825 | $1,425 | −$600 (-42.1%) |
| 2BR | $1,609 | $1,725 | −$116 (-6.7%) |
| 2BR | $1,595 | $1,725 | −$130 (-7.5%) |
| 3BR | $1,825 | $2,300 | −$475 (-20.7%) |
| 3BR | $2,100 | $2,300 | −$200 (-8.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.