Monthly Rent Report

ZIP 46406 Rent Report — February 2024

Asking rents in ZIP 46406, Chicago, from 3 listings.

Median 2BR rent in ZIP 46406 was $950 in February 2024, up 2.7% (+$25) from January 2024. The middle half of 2BR listings asked between $950 and $950. That puts ZIP 46406 $863 below the Chicago citywide 2BR median of $1,813. The month's figures are based on 3 listings across 3 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2024Vs. February 2023P25–P75 RangeListings
2BR$950+$25 (+2.7%)$950 – $9501
3BR$1,200+$50 (+4.3%)$1,200 – $1,2001
4BR$1,050$1,050 – $1,0501

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

ZIP 46406 vs. ChicagoFebruary 2024

BedroomsZIP 46406 MedianChicago Citywide MedianDifference
2BR$950$1,813−$862 (-47.6%)
3BR$1,200$2,300−$1,100 (-47.8%)
4BR$1,050$2,792−$1,741 (-62.4%)

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

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