Monthly Rent Report

Hegewisch Rent Report — November 2023

Asking rents in ZIP 60655, Chicago, from 62 listings.

Median 1BR rent in Hegewisch was $1,900 in November 2023, up 42.2% (+$564) from October 2023 and up 65.2% year-over-year. The middle half of 1BR listings asked between $1,900 and $1,900. That puts Hegewisch $397 above the Chicago citywide 1BR median of $1,504. The month's figures are based on 62 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2023Vs. November 2022P25–P75 RangeListings
Studio$1,139+$5 (+0.4%)+$47 (+4.3%)$1,139 – $1,1434
1BR$1,900+$564 (+42.2%)+$750 (+65.2%)$1,900 – $1,9003
1BR$1,414+$78 (+5.8%)+$264 (+22.9%)$1,327 – $1,50414
2BR$1,799$0 (0.0%)−$176 (-8.9%)$1,709 – $1,8049
3BR$2,100+$5 (+0.2%)$0 (0.0%)$2,095 – $2,10029
3BR$1,870−$225 (-10.7%)−$230 (-11.0%)$1,870 – $1,8701
4BR$2,000$0 (0.0%)$2,000 – $2,0001
4BR$2,000$0 (0.0%)$2,000 – $2,0001

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

Hegewisch vs. ChicagoNovember 2023

BedroomsHegewisch MedianChicago Citywide MedianDifference
Studio$1,139$1,160−$21 (-1.8%)
1BR$1,900$1,504+$397 (+26.4%)
1BR$1,414$1,504−$90 (-6.0%)
2BR$1,799$1,800−$1 (-0.1%)
3BR$2,100$2,298−$197 (-8.6%)
3BR$1,870$2,298−$427 (-18.6%)
4BR$2,000$2,750−$750 (-27.3%)
4BR$2,000$2,750−$750 (-27.3%)

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

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