Monthly Rent Report
Hegewisch Rent Report — January 2024
Asking rents in ZIP 60655, Chicago, from 65 listings.
Median 1BR rent in Hegewisch was $1,451 in January 2024, up 0.8% (+$11) from December 2023 and up 8.7% year-over-year. The middle half of 1BR listings asked between $1,451 and $1,451. That puts Hegewisch $66 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 65 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,146 | +$11 (+1.0%) | −$8 (-0.7%) | $1,104 – $1,189 | 2 |
| Studio | $1,154 | +$19 (+1.7%) | $0 (0.0%) | $1,154 – $1,154 | 1 |
| 1BR | $1,451 | +$11 (+0.8%) | +$116 (+8.7%) | $1,451 – $1,451 | 1 |
| 1BR | $1,407 | −$33 (-2.3%) | +$72 (+5.4%) | $1,407 – $1,407 | 1 |
| 2BR | $1,516 | −$71 (-4.5%) | −$179 (-10.6%) | $1,478 – $1,581 | 4 |
| 2BR | $1,701 | +$114 (+7.2%) | +$6 (+0.3%) | $1,698 – $1,703 | 2 |
| 3BR | $2,095 | −$355 (-14.5%) | −$5 (-0.2%) | $2,095 – $2,100 | 7 |
| 3BR | $2,098 | −$352 (-14.4%) | −$2 (-0.1%) | $2,095 – $2,100 | 42 |
| 4BR | $2,650 | — | — | $2,650 – $3,275 | 3 |
| 4BR | $3,275 | — | — | $2,963 – $3,588 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Hegewisch vs. Chicago — January 2024
| Bedrooms | Hegewisch Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,146 | $1,225 | −$79 (-6.4%) |
| Studio | $1,154 | $1,225 | −$71 (-5.8%) |
| 1BR | $1,451 | $1,517 | −$66 (-4.4%) |
| 1BR | $1,407 | $1,517 | −$110 (-7.3%) |
| 2BR | $1,516 | $1,800 | −$284 (-15.8%) |
| 2BR | $1,701 | $1,800 | −$99 (-5.5%) |
| 3BR | $2,095 | $2,300 | −$205 (-8.9%) |
| 3BR | $2,098 | $2,300 | −$202 (-8.8%) |
| 4BR | $2,650 | $2,792 | −$141 (-5.1%) |
| 4BR | $3,275 | $2,792 | +$484 (+17.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.