Monthly Rent Report
Hegewisch Rent Report — August 2024
Asking rents in ZIP 60655, Chicago, from 8 listings.
Median 1BR rent in Hegewisch was $1,538 in August 2024, flat versus July 2024 and down 19.1% year-over-year. The middle half of 1BR listings asked between $1,538 and $1,538. That puts Hegewisch in line with the Chicago citywide 1BR median of $1,538. The month's figures are based on 8 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,232 | +$18 (+1.5%) | +$81 (+7.0%) | $1,232 – $1,232 | 1 |
| 1BR | $1,538 | $0 (0.0%) | −$362 (-19.1%) | $1,538 – $1,538 | 1 |
| 2BR | $1,769 | −$331 (-15.8%) | +$100 (+6.0%) | $1,769 – $1,769 | 1 |
| 3BR | $2,388 | +$288 (+13.7%) | +$290 (+13.8%) | $2,181 – $2,594 | 2 |
| 4BR | $2,800 | $0 (0.0%) | — | $2,800 – $3,350 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Hegewisch vs. Chicago — August 2024
| Bedrooms | Hegewisch Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,232 | $1,190 | +$42 (+3.5%) |
| 1BR | $1,538 | $1,538 | $0 (0.0%) |
| 2BR | $1,769 | $1,823 | −$53 (-2.9%) |
| 3BR | $2,388 | $2,300 | +$88 (+3.8%) |
| 4BR | $2,800 | $2,995 | −$195 (-6.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.