Monthly Rent Report
ZIP 46408 Rent Report — May 2022
Asking rents in ZIP 46408, Chicago, from 4 listings.
Median 2BR rent in ZIP 46408 was $763 in May 2022, down 4.1% (−$32) from April 2022. The middle half of 2BR listings asked between $706 and $819. That puts ZIP 46408 $836 below the Chicago citywide 2BR median of $1,599. The month's figures are based on 4 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $763 | −$32 (-4.1%) | — | $706 – $819 | 2 |
| 3BR | $800 | −$75 (-8.6%) | −$150 (-15.8%) | $800 – $800 | 1 |
| 4BR | $1,150 | — | — | $1,150 – $1,150 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
ZIP 46408 vs. Chicago — May 2022
| Bedrooms | ZIP 46408 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 2BR | $763 | $1,599 | −$836 (-52.3%) |
| 3BR | $800 | $2,100 | −$1,300 (-61.9%) |
| 4BR | $1,150 | $2,600 | −$1,450 (-55.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2022.