Monthly Rent Report

Hegewisch Rent Report — July 2023

Asking rents in ZIP 60655, Chicago, from 66 listings.

Median 1BR rent in Hegewisch was $1,100 in July 2023, down 22.1% (−$312) from June 2023 and unchanged year-over-year. The middle half of 1BR listings asked between $1,100 and $1,100. That puts Hegewisch $350 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 66 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2023Vs. July 2022P25–P75 RangeListings
Studio$1,154−$5 (-0.4%)$1,149 – $1,2045
1BR$1,100−$312 (-22.1%)$0 (0.0%)$1,100 – $1,1001
1BR$1,363−$50 (-3.5%)+$263 (+23.9%)$1,289 – $1,39212
2BR$1,669−$331 (-16.6%)+$294 (+21.4%)$1,669 – $1,7547
3BR$2,100$0 (0.0%)$0 (0.0%)$2,095 – $2,10026
3BR$2,095−$5 (-0.2%)−$5 (-0.2%)$2,095 – $2,10015

Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.

Hegewisch vs. ChicagoJuly 2023

BedroomsHegewisch MedianChicago Citywide MedianDifference
Studio$1,154$1,200−$46 (-3.8%)
1BR$1,100$1,450−$350 (-24.1%)
1BR$1,363$1,450−$87 (-6.0%)
2BR$1,669$1,795−$126 (-7.0%)
3BR$2,100$2,273−$172 (-7.6%)
3BR$2,095$2,273−$177 (-7.8%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.

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