Monthly Rent Report
Streeterville Rent Report — May 2024
Asking rents in ZIP 60611, Chicago, from 1,933 listings.
Median 1BR rent in Streeterville was $2,250 in May 2024, down 18.3% (−$505) from April 2024 and down 30.9% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,250. That puts Streeterville $748 above the Chicago citywide 1BR median of $1,503. The month's figures are based on 1,933 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,166 | −$329 (-13.2%) | −$503 (-18.9%) | $1,827 – $2,490 | 320 |
| Studio | $2,238 | −$257 (-10.3%) | −$432 (-16.2%) | $2,179 – $2,296 | 2 |
| 1BR | $2,250 | −$505 (-18.3%) | −$1,008 (-30.9%) | $2,250 – $2,250 | 1 |
| 1BR | $2,840 | +$85 (+3.1%) | −$418 (-12.8%) | $2,440 – $3,241 | 877 |
| 2BR | $2,980 | −$1,149 (-27.8%) | −$1,020 (-25.5%) | $2,930 – $3,745 | 3 |
| 2BR | $4,295 | +$166 (+4.0%) | +$295 (+7.4%) | $3,762 – $4,871 | 520 |
| 3BR | $5,838 | −$2,162 (-27.0%) | −$1,562 (-21.1%) | $4,309 – $7,366 | 2 |
| 3BR | $6,203 | −$1,797 (-22.5%) | −$1,197 (-16.2%) | $5,601 – $7,973 | 200 |
| 4BR | $15,000 | −$3,595 (-19.3%) | +$6,250 (+71.4%) | $15,000 – $15,000 | 1 |
| 4BR | $15,000 | −$3,595 (-19.3%) | +$6,250 (+71.4%) | $14,450 – $15,000 | 7 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Streeterville vs. Chicago — May 2024
| Bedrooms | Streeterville Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,166 | $1,196 | +$970 (+81.1%) |
| Studio | $2,238 | $1,196 | +$1,042 (+87.1%) |
| 1BR | $2,250 | $1,503 | +$748 (+49.8%) |
| 1BR | $2,840 | $1,503 | +$1,338 (+89.0%) |
| 2BR | $2,980 | $1,825 | +$1,155 (+63.3%) |
| 2BR | $4,295 | $1,825 | +$2,470 (+135.3%) |
| 3BR | $5,838 | $2,236 | +$3,602 (+161.1%) |
| 3BR | $6,203 | $2,236 | +$3,967 (+177.4%) |
| 4BR | $15,000 | $2,725 | +$12,275 (+450.5%) |
| 4BR | $15,000 | $2,725 | +$12,275 (+450.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.