Monthly Rent Report
ZIP 46342 Rent Report — August 2023
Asking rents in ZIP 46342, Chicago, from 10 listings.
Median 1BR rent in ZIP 46342 was $1,021 in August 2023, up 7.4% (+$71) from July 2023 and up 28.4% year-over-year. The middle half of 1BR listings asked between $1,012 and $1,040. That puts ZIP 46342 $500 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 10 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,021 | +$71 (+7.4%) | +$226 (+28.4%) | $1,012 – $1,040 | 4 |
| 2BR | $1,240 | −$135 (-9.8%) | +$190 (+18.1%) | $1,143 – $1,269 | 5 |
| 3BR | $1,587 | −$21 (-1.3%) | +$112 (+7.6%) | $1,587 – $1,587 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 46342 vs. Chicago — August 2023
| Bedrooms | ZIP 46342 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,021 | $1,520 | −$499 (-32.9%) |
| 2BR | $1,240 | $1,808 | −$567 (-31.4%) |
| 3BR | $1,587 | $2,395 | −$808 (-33.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.