Monthly Rent Report
ZIP 46408 Rent Report — November 2023
Asking rents in ZIP 46408, Chicago, from 7 listings.
Median 1BR rent in ZIP 46408 was $900 in November 2023, up 5.9% (+$50) from October 2023. The middle half of 1BR listings asked between $900 and $900. That puts ZIP 46408 $604 below the Chicago citywide 1BR median of $1,504. The month's figures are based on 7 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | — | — | $995 – $995 | 1 |
| 1BR | $900 | +$50 (+5.9%) | — | $900 – $900 | 1 |
| 2BR | $995 | +$20 (+2.1%) | +$100 (+11.2%) | $995 – $995 | 2 |
| 3BR | $1,250 | +$150 (+13.6%) | +$250 (+25.0%) | $1,250 – $1,250 | 1 |
| 4BR | $1,275 | −$425 (-25.0%) | — | $1,275 – $1,275 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
ZIP 46408 vs. Chicago — November 2023
| Bedrooms | ZIP 46408 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,160 | −$165 (-14.2%) |
| 1BR | $900 | $1,504 | −$603 (-40.1%) |
| 2BR | $995 | $1,800 | −$805 (-44.7%) |
| 3BR | $1,250 | $2,298 | −$1,047 (-45.6%) |
| 4BR | $1,275 | $2,750 | −$1,475 (-53.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.