Monthly Rent Report

ZIP 46407 Rent Report — August 2024

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

Median 1BR rent in ZIP 46407 was $800 in August 2024, up 6.7% (+$50) from July 2024. The middle half of 1BR listings asked between $800 and $800. That puts ZIP 46407 $738 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 3 listings across 3 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2024Vs. August 2023P25–P75 RangeListings
1BR$800+$50 (+6.7%)$800 – $8001
2BR$900−$150 (-14.3%)$900 – $9001
3BR$975−$225 (-18.8%)−$225 (-18.8%)$975 – $9751

Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.

ZIP 46407 vs. ChicagoAugust 2024

BedroomsZIP 46407 MedianChicago Citywide MedianDifference
1BR$800$1,538−$738 (-48.0%)
2BR$900$1,823−$922 (-50.6%)
3BR$975$2,300−$1,325 (-57.6%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.

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