Monthly Rent Report
Streeterville Rent Report — August 2024
Asking rents in ZIP 60611, Chicago, from 11 listings.
Median 1BR rent in Streeterville was $3,498 in August 2024, up 62.7% (+$1,348) from July 2024 and up 59.0% year-over-year. The middle half of 1BR listings asked between $3,496 and $3,499. That puts Streeterville $1,960 above the Chicago citywide 1BR median of $1,538. The month's figures are based on 11 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,614 | +$474 (+22.1%) | +$459 (+21.3%) | $2,614 – $2,614 | 2 |
| Studio | $2,614 | +$474 (+22.1%) | +$459 (+21.3%) | $2,614 – $2,614 | 1 |
| 1BR | $3,498 | +$1,348 (+62.7%) | +$1,298 (+59.0%) | $3,496 – $3,499 | 2 |
| 2BR | $3,500 | −$3,940 (-53.0%) | −$600 (-14.6%) | $3,500 – $3,500 | 1 |
| 3BR | $8,500 | +$2,650 (+45.3%) | +$2,500 (+41.7%) | $8,500 – $8,500 | 1 |
| 4BR | $5,000 | −$2,500 (-33.3%) | −$1,500 (-23.1%) | $5,000 – $5,000 | 1 |
| 4BR | $7,250 | −$250 (-3.3%) | +$750 (+11.5%) | $5,250 – $9,125 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Streeterville vs. Chicago — August 2024
| Bedrooms | Streeterville Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,614 | $1,190 | +$1,424 (+119.7%) |
| Studio | $2,614 | $1,190 | +$1,424 (+119.7%) |
| 1BR | $3,498 | $1,538 | +$1,960 (+127.4%) |
| 2BR | $3,500 | $1,823 | +$1,678 (+92.0%) |
| 3BR | $8,500 | $2,300 | +$6,200 (+269.6%) |
| 4BR | $5,000 | $2,995 | +$2,005 (+66.9%) |
| 4BR | $7,250 | $2,995 | +$4,255 (+142.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.