Monthly Rent Report
ZIP 46407 Rent Report — January 2024
Asking rents in ZIP 46407, Chicago, from 4 listings.
Median 1BR rent in ZIP 46407 was $900 in January 2024, up 44.0% (+$275) from December 2023 and up 16.1% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts ZIP 46407 $617 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $900 | +$275 (+44.0%) | +$125 (+16.1%) | $900 – $900 | 1 |
| 2BR | $900 | −$100 (-10.0%) | −$150 (-14.3%) | $900 – $900 | 1 |
| 3BR | $1,750 | +$375 (+27.3%) | — | $1,750 – $1,750 | 1 |
| 4BR | $1,625 | — | — | $1,625 – $1,625 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
ZIP 46407 vs. Chicago — January 2024
| Bedrooms | ZIP 46407 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $900 | $1,517 | −$617 (-40.7%) |
| 2BR | $900 | $1,800 | −$900 (-50.0%) |
| 3BR | $1,750 | $2,300 | −$550 (-23.9%) |
| 4BR | $1,625 | $2,792 | −$1,166 (-41.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.