Monthly Rent Report
ZIP 46407 Rent Report — May 2025
Asking rents in ZIP 46407, Chicago, from 5 listings.
Median 1BR rent in ZIP 46407 was $700 in May 2025, down 8.2% (−$62) from April 2025 and up 3.7% year-over-year. The middle half of 1BR listings asked between $700 and $700. That puts ZIP 46407 $875 below the Chicago citywide 1BR median of $1,575. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $700 | −$62 (-8.2%) | +$25 (+3.7%) | $700 – $700 | 1 |
| 2BR | $925 | −$75 (-7.5%) | −$25 (-2.6%) | $925 – $925 | 1 |
| 3BR | $1,450 | +$500 (+52.6%) | +$475 (+48.7%) | $1,425 – $1,475 | 2 |
| 4BR | $1,400 | −$400 (-22.2%) | +$200 (+16.7%) | $1,400 – $1,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
ZIP 46407 vs. Chicago — May 2025
| Bedrooms | ZIP 46407 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $700 | $1,575 | −$875 (-55.6%) |
| 2BR | $925 | $1,900 | −$975 (-51.3%) |
| 3BR | $1,450 | $2,200 | −$750 (-34.1%) |
| 4BR | $1,400 | $2,948 | −$1,547 (-52.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2025.