Monthly Rent Report
ZIP 46407 Rent Report — August 2022
Asking rents in ZIP 46407, Chicago, from 3 listings.
Median 2BR rent in ZIP 46407 was $1,045 in August 2022, up 22.9% (+$195) from July 2022 and up 30.6% year-over-year. The middle half of 2BR listings asked between $1,045 and $1,045. That puts ZIP 46407 $750 below the Chicago citywide 2BR median of $1,795. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $1,045 | +$195 (+22.9%) | +$245 (+30.6%) | $1,045 – $1,045 | 1 |
| 3BR | $825 | −$575 (-41.1%) | +$50 (+6.5%) | $825 – $825 | 1 |
| 4BR | $1,600 | — | — | $1,600 – $1,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
ZIP 46407 vs. Chicago — August 2022
| Bedrooms | ZIP 46407 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 2BR | $1,045 | $1,795 | −$750 (-41.8%) |
| 3BR | $825 | $2,250 | −$1,425 (-63.3%) |
| 4BR | $1,600 | $2,455 | −$855 (-34.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2022.