Monthly Rent Report
Hegewisch Rent Report — March 2024
Asking rents in ZIP 60655, Chicago, from 86 listings.
Median 1BR rent in Hegewisch was $1,050 in March 2024, flat versus February 2024 and down 12.5% year-over-year. The middle half of 1BR listings asked between $1,050 and $1,050. That puts Hegewisch $455 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 86 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,199 | +$83 (+7.4%) | +$45 (+3.9%) | $1,167 – $1,230 | 12 |
| Studio | $1,252 | +$137 (+12.2%) | +$98 (+8.5%) | $1,240 – $1,265 | 2 |
| 1BR | $1,050 | $0 (0.0%) | −$150 (-12.5%) | $1,050 – $1,050 | 1 |
| 1BR | $1,558 | +$508 (+48.4%) | +$358 (+29.8%) | $1,558 – $1,602 | 9 |
| 2BR | $1,880 | +$185 (+10.9%) | +$185 (+10.9%) | $1,828 – $1,890 | 3 |
| 2BR | $1,847 | +$152 (+9.0%) | +$152 (+9.0%) | $1,695 – $1,847 | 9 |
| 3BR | $2,095 | −$2 (-0.1%) | −$5 (-0.2%) | $2,095 – $2,100 | 16 |
| 3BR | $2,095 | −$2 (-0.1%) | −$5 (-0.2%) | $2,095 – $2,100 | 32 |
| 4BR | $5,500 | +$1,600 (+41.0%) | — | $5,500 – $5,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Hegewisch vs. Chicago — March 2024
| Bedrooms | Hegewisch Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,199 | $1,225 | −$26 (-2.2%) |
| Studio | $1,252 | $1,225 | +$27 (+2.2%) |
| 1BR | $1,050 | $1,505 | −$454 (-30.2%) |
| 1BR | $1,558 | $1,505 | +$54 (+3.6%) |
| 2BR | $1,880 | $1,900 | −$20 (-1.1%) |
| 2BR | $1,847 | $1,900 | −$53 (-2.8%) |
| 3BR | $2,095 | $2,250 | −$155 (-6.9%) |
| 3BR | $2,095 | $2,250 | −$155 (-6.9%) |
| 4BR | $5,500 | $2,650 | +$2,850 (+107.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.