Monthly Rent Report
ZIP 46407 Rent Report — February 2023
Asking rents in ZIP 46407, Chicago, from 4 listings.
Median 1BR rent in ZIP 46407 was $825 in February 2023, up 6.5% (+$50) from January 2023. The middle half of 1BR listings asked between $825 and $825. That puts ZIP 46407 $575 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $575 | $0 (0.0%) | — | $575 – $575 | 1 |
| 1BR | $825 | +$50 (+6.5%) | — | $825 – $825 | 1 |
| 2BR | $950 | −$100 (-9.5%) | — | $950 – $950 | 1 |
| 3BR | $815 | — | −$60 (-6.9%) | $815 – $815 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
ZIP 46407 vs. Chicago — February 2023
| Bedrooms | ZIP 46407 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $575 | $1,149 | −$574 (-49.9%) |
| 1BR | $825 | $1,400 | −$575 (-41.1%) |
| 2BR | $950 | $1,695 | −$745 (-44.0%) |
| 3BR | $815 | $2,188 | −$1,372 (-62.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.