Monthly Rent Report
Hegewisch Rent Report — December 2023
Asking rents in ZIP 60655, Chicago, from 84 listings.
Median 1BR rent in Hegewisch was $1,525 in December 2023, up 7.9% (+$112) from November 2023 and up 20.4% year-over-year. The middle half of 1BR listings asked between $1,465 and $1,555. That puts Hegewisch $70 above the Chicago citywide 1BR median of $1,455. The month's figures are based on 84 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,186 | +$47 (+4.1%) | +$10 (+0.8%) | $1,186 – $1,186 | 1 |
| Studio | $1,135 | −$4 (-0.4%) | −$41 (-3.5%) | $1,135 – $1,135 | 1 |
| 1BR | $1,525 | +$112 (+7.9%) | +$258 (+20.4%) | $1,465 – $1,555 | 15 |
| 1BR | $1,440 | +$27 (+1.9%) | +$173 (+13.7%) | $1,416 – $1,460 | 4 |
| 2BR | $1,695 | −$104 (-5.8%) | +$218 (+14.8%) | $1,695 – $1,695 | 8 |
| 2BR | $1,587 | −$212 (-11.8%) | +$110 (+7.4%) | $1,579 – $1,626 | 10 |
| 3BR | $2,450 | +$350 (+16.7%) | +$350 (+16.7%) | $2,450 – $2,450 | 1 |
| 3BR | $2,095 | −$5 (-0.2%) | −$5 (-0.2%) | $2,095 – $2,100 | 44 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Hegewisch vs. Chicago — December 2023
| Bedrooms | Hegewisch Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,186 | $1,218 | −$31 (-2.6%) |
| Studio | $1,135 | $1,218 | −$82 (-6.8%) |
| 1BR | $1,525 | $1,455 | +$70 (+4.8%) |
| 1BR | $1,440 | $1,455 | −$15 (-1.0%) |
| 2BR | $1,695 | $1,800 | −$105 (-5.8%) |
| 2BR | $1,587 | $1,800 | −$213 (-11.9%) |
| 3BR | $2,450 | $2,472 | −$22 (-0.9%) |
| 3BR | $2,095 | $2,472 | −$377 (-15.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.