Monthly Rent Report
Hegewisch Rent Report — July 2024
Asking rents in ZIP 60655, Chicago, from 60 listings.
Median 1BR rent in Hegewisch was $1,538 in July 2024, up 3.9% (+$58) from June 2024 and up 39.8% year-over-year. The middle half of 1BR listings asked between $1,423 and $1,548. That puts Hegewisch in line with the Chicago citywide 1BR median of $1,560. The month's figures are based on 60 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,208 | +$60 (+5.2%) | +$54 (+4.7%) | $1,203 – $1,218 | 3 |
| Studio | $1,214 | +$66 (+5.7%) | +$60 (+5.2%) | $1,213 – $1,218 | 3 |
| 1BR | $1,538 | +$58 (+3.9%) | +$438 (+39.8%) | $1,423 – $1,548 | 5 |
| 1BR | $1,382 | −$98 (-6.6%) | +$282 (+25.6%) | $1,250 – $1,388 | 5 |
| 2BR | $2,100 | +$298 (+16.5%) | +$431 (+25.8%) | $2,100 – $2,100 | 1 |
| 2BR | $1,735 | −$67 (-3.7%) | +$66 (+3.9%) | $1,712 – $1,980 | 4 |
| 3BR | $2,100 | +$3 (+0.1%) | +$5 (+0.2%) | $2,095 – $2,150 | 8 |
| 3BR | $2,100 | +$3 (+0.1%) | +$5 (+0.2%) | $2,095 – $2,100 | 29 |
| 4BR | $2,800 | −$700 (-20.0%) | — | $2,800 – $2,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Hegewisch vs. Chicago — July 2024
| Bedrooms | Hegewisch Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,208 | $1,218 | −$10 (-0.8%) |
| Studio | $1,214 | $1,218 | −$4 (-0.3%) |
| 1BR | $1,538 | $1,560 | −$22 (-1.4%) |
| 1BR | $1,382 | $1,560 | −$178 (-11.4%) |
| 2BR | $2,100 | $1,805 | +$295 (+16.3%) |
| 2BR | $1,735 | $1,805 | −$70 (-3.9%) |
| 3BR | $2,100 | $2,363 | −$262 (-11.1%) |
| 3BR | $2,100 | $2,363 | −$262 (-11.1%) |
| 4BR | $2,800 | $2,789 | +$11 (+0.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.