Monthly Rent Report
Hegewisch Rent Report — October 2023
Asking rents in ZIP 60655, Chicago, from 66 listings.
Median 1BR rent in Hegewisch was $1,900 in October 2023, flat versus September 2023 and up 65.2% year-over-year. The middle half of 1BR listings asked between $1,900 and $1,900. That puts Hegewisch $425 above the Chicago citywide 1BR median of $1,475. The month's figures are based on 66 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,134 | −$5 (-0.4%) | — | $1,119 – $1,149 | 3 |
| 1BR | $1,900 | $0 (0.0%) | +$750 (+65.2%) | $1,900 – $1,900 | 2 |
| 1BR | $1,336 | −$564 (-29.7%) | +$186 (+16.2%) | $1,289 – $1,384 | 8 |
| 2BR | $1,799 | +$75 (+4.4%) | +$599 (+49.9%) | $1,645 – $1,810 | 6 |
| 3BR | $2,095 | $0 (0.0%) | $0 (0.0%) | $2,095 – $2,100 | 45 |
| 3BR | $2,200 | +$105 (+5.0%) | +$105 (+5.0%) | $2,200 – $2,200 | 1 |
| 4BR | $2,000 | — | — | $2,000 – $2,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Hegewisch vs. Chicago — October 2023
| Bedrooms | Hegewisch Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,134 | $1,200 | −$66 (-5.5%) |
| 1BR | $1,900 | $1,475 | +$425 (+28.8%) |
| 1BR | $1,336 | $1,475 | −$139 (-9.4%) |
| 2BR | $1,799 | $1,800 | −$1 (-0.1%) |
| 3BR | $2,095 | $2,450 | −$355 (-14.5%) |
| 3BR | $2,200 | $2,450 | −$250 (-10.2%) |
| 4BR | $2,000 | $2,575 | −$575 (-22.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.