Monthly Rent Report
ZIP 46406 Rent Report — May 2023
Asking rents in ZIP 46406, Chicago, from 2 listings.
Median 3BR rent in ZIP 46406 was $1,295 in May 2023, flat versus April 2023 and up 3.6% year-over-year. The middle half of 3BR listings asked between $1,295 and $1,295. That puts ZIP 46406 $1,005 below the Chicago citywide 3BR median of $2,300. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 3BR | $1,295 | $0 (0.0%) | +$45 (+3.6%) | $1,295 – $1,295 | 1 |
| 4BR | $1,395 | — | — | $1,395 – $1,395 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 46406 vs. Chicago — May 2023
| Bedrooms | ZIP 46406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 3BR | $1,295 | $2,300 | −$1,005 (-43.7%) |
| 4BR | $1,395 | $2,548 | −$1,152 (-45.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.