Monthly Rent Report
Streeterville Rent Report — May 2023
Asking rents in ZIP 60611, Chicago, from 1,001 listings.
Median 1BR rent in Streeterville was $2,625 in May 2023, down 8.7% (−$250) from April 2023 and up 1.7% year-over-year. The middle half of 1BR listings asked between $2,200 and $3,140. That puts Streeterville $1,225 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 1,001 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,008 | −$191 (-8.7%) | +$20 (+1.0%) | $1,750 – $2,457 | 174 |
| Studio | $2,670 | +$471 (+21.4%) | +$682 (+34.3%) | $2,646 – $2,693 | 2 |
| 1BR | $2,625 | −$250 (-8.7%) | +$45 (+1.7%) | $2,200 – $3,140 | 427 |
| 1BR | $3,258 | +$383 (+13.3%) | +$678 (+26.3%) | $3,258 – $3,258 | 1 |
| 2BR | $4,062 | +$362 (+9.8%) | −$541 (-11.8%) | $3,604 – $4,804 | 288 |
| 2BR | $4,000 | +$300 (+8.1%) | −$603 (-13.1%) | $3,313 – $4,613 | 4 |
| 3BR | $7,027 | +$395 (+5.9%) | −$873 (-11.1%) | $6,000 – $8,570 | 98 |
| 3BR | $7,400 | +$768 (+11.6%) | −$500 (-6.3%) | $7,400 – $7,400 | 1 |
| 4BR | $8,750 | −$3,245 (-27.1%) | −$1,000 (-10.3%) | $6,500 – $11,000 | 4 |
| 4BR | $8,750 | −$3,245 (-27.1%) | −$1,000 (-10.3%) | $7,625 – $9,875 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Streeterville vs. Chicago — May 2023
| Bedrooms | Streeterville Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,008 | $1,200 | +$808 (+67.3%) |
| Studio | $2,670 | $1,200 | +$1,470 (+122.5%) |
| 1BR | $2,625 | $1,400 | +$1,225 (+87.5%) |
| 1BR | $3,258 | $1,400 | +$1,858 (+132.7%) |
| 2BR | $4,062 | $1,698 | +$2,365 (+139.3%) |
| 2BR | $4,000 | $1,698 | +$2,303 (+135.6%) |
| 3BR | $7,027 | $2,300 | +$4,727 (+205.5%) |
| 3BR | $7,400 | $2,300 | +$5,100 (+221.7%) |
| 4BR | $8,750 | $2,548 | +$6,203 (+243.5%) |
| 4BR | $8,750 | $2,548 | +$6,203 (+243.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.