Monthly Rent Report

ZIP 46407 Rent Report — October 2023

Asking rents in ZIP 46407, Chicago, from 3 listings.

Median 2BR rent in ZIP 46407 was $900 in October 2023, down 5.3% (−$50) from September 2023 and down 9.9% year-over-year. The middle half of 2BR listings asked between $900 and $900. That puts ZIP 46407 $900 below the Chicago citywide 2BR median of $1,800. The month's figures are based on 3 listings across 3 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2023Vs. October 2022P25–P75 RangeListings
2BR$900−$50 (-5.3%)−$99 (-9.9%)$900 – $9001
3BR$1,050+$55 (+5.5%)+$28 (+2.7%)$1,050 – $1,0501
4BR$1,250$1,250 – $1,2501

Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.

ZIP 46407 vs. ChicagoOctober 2023

BedroomsZIP 46407 MedianChicago Citywide MedianDifference
2BR$900$1,800−$900 (-50.0%)
3BR$1,050$2,450−$1,400 (-57.1%)
4BR$1,250$2,575−$1,325 (-51.5%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.

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