Monthly Rent Report

ZIP 46342 Rent Report — January 2024

Asking rents in ZIP 46342, Chicago, from 4 listings.

Median 1BR rent in ZIP 46342 was $650 in January 2024, down 46.9% (−$575) from December 2023 and down 26.4% year-over-year. The middle half of 1BR listings asked between $650 and $650. That puts ZIP 46342 $867 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 4 listings across 4 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. December 2023Vs. January 2023P25–P75 RangeListings
Studio$650$650 – $6501
1BR$650−$575 (-46.9%)−$233 (-26.4%)$650 – $6501
2BR$850−$525 (-38.2%)−$525 (-38.2%)$850 – $8501
3BR$2,200+$805 (+57.7%)+$900 (+69.2%)$2,200 – $2,2001

Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.

ZIP 46342 vs. ChicagoJanuary 2024

BedroomsZIP 46342 MedianChicago Citywide MedianDifference
Studio$650$1,225−$575 (-46.9%)
1BR$650$1,517−$867 (-57.2%)
2BR$850$1,800−$950 (-52.8%)
3BR$2,200$2,300−$100 (-4.3%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.

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