Monthly Rent Report
Hegewisch Rent Report — May 2024
Asking rents in ZIP 60655, Chicago, from 152 listings.
Median 1BR rent in Hegewisch was $1,559 in May 2024, down 5.1% (−$83) from April 2024 and up 35.5% year-over-year. The middle half of 1BR listings asked between $1,532 and $1,585. That puts Hegewisch $56 above the Chicago citywide 1BR median of $1,503. The month's figures are based on 152 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,197 | −$25 (-2.0%) | +$33 (+2.8%) | $1,197 – $1,197 | 1 |
| Studio | $1,156 | −$66 (-5.4%) | −$8 (-0.7%) | $1,144 – $1,168 | 12 |
| 1BR | $1,559 | −$83 (-5.1%) | +$409 (+35.5%) | $1,532 – $1,585 | 2 |
| 1BR | $1,562 | −$80 (-4.9%) | +$412 (+35.8%) | $1,050 – $1,615 | 11 |
| 2BR | $1,900 | +$100 (+5.6%) | +$428 (+29.0%) | $1,900 – $1,900 | 1 |
| 2BR | $1,880 | +$80 (+4.4%) | +$408 (+27.7%) | $1,795 – $1,891 | 13 |
| 3BR | $2,100 | +$3 (+0.1%) | +$5 (+0.2%) | $2,095 – $2,100 | 54 |
| 3BR | $2,100 | +$3 (+0.1%) | +$5 (+0.2%) | $2,095 – $2,100 | 54 |
| 4BR | $3,500 | $0 (0.0%) | — | $3,500 – $3,500 | 2 |
| 4BR | $3,500 | $0 (0.0%) | — | $3,500 – $3,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Hegewisch vs. Chicago — May 2024
| Bedrooms | Hegewisch Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,197 | $1,196 | +$1 (+0.1%) |
| Studio | $1,156 | $1,196 | −$40 (-3.3%) |
| 1BR | $1,559 | $1,503 | +$56 (+3.7%) |
| 1BR | $1,562 | $1,503 | +$60 (+4.0%) |
| 2BR | $1,900 | $1,825 | +$75 (+4.1%) |
| 2BR | $1,880 | $1,825 | +$55 (+3.0%) |
| 3BR | $2,100 | $2,236 | −$136 (-6.1%) |
| 3BR | $2,100 | $2,236 | −$136 (-6.1%) |
| 4BR | $3,500 | $2,725 | +$775 (+28.4%) |
| 4BR | $3,500 | $2,725 | +$775 (+28.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.