Monthly Rent Report
ZIP 46408 Rent Report — August 2023
Asking rents in ZIP 46408, Chicago, from 2 listings.
Median 2BR rent in ZIP 46408 was $1,050 in August 2023, up 10.5% (+$100) from July 2023 and up 7.7% year-over-year. The middle half of 2BR listings asked between $1,050 and $1,050. That puts ZIP 46408 $758 below the Chicago citywide 2BR median of $1,808. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $1,050 | +$100 (+10.5%) | +$75 (+7.7%) | $1,050 – $1,050 | 1 |
| 3BR | $1,350 | $0 (0.0%) | +$55 (+4.2%) | $1,350 – $1,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 46408 vs. Chicago — August 2023
| Bedrooms | ZIP 46408 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 2BR | $1,050 | $1,808 | −$757 (-41.9%) |
| 3BR | $1,350 | $2,395 | −$1,045 (-43.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.