Monthly Rent Report
ZIP 46407 Rent Report — December 2024
Asking rents in ZIP 46407, Chicago, from 5 listings.
Median 1BR rent in ZIP 46407 was $675 in December 2024, down 15.6% (−$125) from November 2024 and up 8.0% year-over-year. The middle half of 1BR listings asked between $675 and $675. That puts ZIP 46407 $975 below the Chicago citywide 1BR median of $1,650. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $675 | +$25 (+3.8%) | — | $675 – $675 | 1 |
| 1BR | $675 | −$125 (-15.6%) | +$50 (+8.0%) | $675 – $675 | 1 |
| 2BR | $950 | −$50 (-5.0%) | −$50 (-5.0%) | $950 – $950 | 2 |
| 3BR | $1,250 | $0 (0.0%) | −$125 (-9.1%) | $1,250 – $1,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
ZIP 46407 vs. Chicago — December 2024
| Bedrooms | ZIP 46407 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $675 | $1,385 | −$710 (-51.3%) |
| 1BR | $675 | $1,650 | −$975 (-59.1%) |
| 2BR | $950 | $1,953 | −$1,002 (-51.3%) |
| 3BR | $1,250 | $2,395 | −$1,145 (-47.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.