Monthly Rent Report

ZIP 46407 Rent Report — November 2024

Asking rents in ZIP 46407, Chicago, from 5 listings.

Median 1BR rent in ZIP 46407 was $800 in November 2024 and up 18.5% year-over-year. The middle half of 1BR listings asked between $800 and $800. That puts ZIP 46407 $775 below the Chicago citywide 1BR median of $1,575. The month's figures are based on 5 listings across 5 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2024Vs. November 2023P25–P75 RangeListings
Studio$650$650 – $6501
1BR$800+$125 (+18.5%)$800 – $8001
2BR$1,000+$50 (+5.3%)+$275 (+37.9%)$1,000 – $1,0001
3BR$1,250+$150 (+13.6%)+$213 (+20.5%)$1,250 – $1,2501
4BR$1,350−$450 (-25.0%)$1,350 – $1,3501

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

ZIP 46407 vs. ChicagoNovember 2024

BedroomsZIP 46407 MedianChicago Citywide MedianDifference
Studio$650$1,292−$642 (-49.7%)
1BR$800$1,575−$775 (-49.2%)
2BR$1,000$1,945−$945 (-48.6%)
3BR$1,250$2,200−$950 (-43.2%)
4BR$1,350$2,990−$1,640 (-54.8%)

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

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