Monthly Rent Report
ZIP 46342 Rent Report — May 2023
Asking rents in ZIP 46342, Chicago, from 16 listings.
Median 1BR rent in ZIP 46342 was $1,054 in May 2023, up 2.8% (+$29) from April 2023 and up 24.7% year-over-year. The middle half of 1BR listings asked between $958 and $1,057. That puts ZIP 46342 $346 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 16 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,054 | +$29 (+2.8%) | +$209 (+24.7%) | $958 – $1,057 | 5 |
| 2BR | $1,344 | −$56 (-4.0%) | +$394 (+41.5%) | $1,332 – $1,371 | 9 |
| 3BR | $1,275 | −$231 (-15.3%) | +$125 (+10.9%) | $1,213 – $1,338 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 46342 vs. Chicago — May 2023
| Bedrooms | ZIP 46342 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,054 | $1,400 | −$346 (-24.7%) |
| 2BR | $1,344 | $1,698 | −$353 (-20.8%) |
| 3BR | $1,275 | $2,300 | −$1,025 (-44.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.