Monthly Rent Report
Streeterville Rent Report — January 2023
Asking rents in ZIP 60611, Chicago, from 2,080 listings.
Median 1BR rent in Streeterville was $2,494 in January 2023, up 4.4% (+$104) from December 2022 and down 8.2% year-over-year. The middle half of 1BR listings asked between $2,003 and $2,796. That puts Streeterville $1,144 above the Chicago citywide 1BR median of $1,350. The month's figures are based on 2,080 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | +$390 (+22.8%) | +$845 (+67.3%) | $2,100 – $2,100 | 1 |
| Studio | $1,855 | +$145 (+8.5%) | +$600 (+47.8%) | $1,541 – $2,126 | 434 |
| 1BR | $2,494 | +$104 (+4.4%) | −$223 (-8.2%) | $2,003 – $2,796 | 882 |
| 1BR | $2,675 | +$285 (+11.9%) | −$42 (-1.5%) | $2,100 – $2,700 | 5 |
| 2BR | $2,300 | −$1,765 (-43.4%) | −$1,125 (-32.8%) | $2,300 – $2,300 | 1 |
| 2BR | $4,027 | −$38 (-0.9%) | +$602 (+17.6%) | $3,513 – $4,414 | 588 |
| 3BR | $7,054 | +$2,354 (+50.1%) | −$945 (-11.8%) | $5,249 – $7,289 | 168 |
| 3BR | $6,000 | +$1,300 (+27.7%) | −$1,999 (-25.0%) | $6,000 – $6,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Streeterville vs. Chicago — January 2023
| Bedrooms | Streeterville Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,100 | $1,061 | +$1,039 (+97.9%) |
| Studio | $1,855 | $1,061 | +$794 (+74.8%) |
| 1BR | $2,494 | $1,350 | +$1,144 (+84.7%) |
| 1BR | $2,675 | $1,350 | +$1,325 (+98.1%) |
| 2BR | $2,300 | $1,698 | +$603 (+35.5%) |
| 2BR | $4,027 | $1,698 | +$2,330 (+137.2%) |
| 3BR | $7,054 | $2,123 | +$4,932 (+232.3%) |
| 3BR | $6,000 | $2,123 | +$3,878 (+182.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.