Monthly Rent Report
ZIP 46407 Rent Report — January 2023
Asking rents in ZIP 46407, Chicago, from 3 listings.
Median 1BR rent in ZIP 46407 was $775 in January 2023, down 6.1% (−$50) from December 2022. The middle half of 1BR listings asked between $775 and $775. That puts ZIP 46407 $575 below the Chicago citywide 1BR median of $1,350. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $575 | — | — | $575 – $575 | 1 |
| 1BR | $775 | −$50 (-6.1%) | — | $775 – $775 | 1 |
| 2BR | $1,050 | +$75 (+7.7%) | +$250 (+31.3%) | $1,050 – $1,050 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
ZIP 46407 vs. Chicago — January 2023
| Bedrooms | ZIP 46407 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $575 | $1,061 | −$486 (-45.8%) |
| 1BR | $775 | $1,350 | −$575 (-42.6%) |
| 2BR | $1,050 | $1,698 | −$647 (-38.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.