Monthly Rent Report
ZIP 46408 Rent Report — February 2024
Asking rents in ZIP 46408, Chicago, from 4 listings.
Median 2BR rent in ZIP 46408 was $1,075 in February 2024, up 10.3% (+$100) from January 2024 and up 34.4% year-over-year. The middle half of 2BR listings asked between $1,038 and $1,113. That puts ZIP 46408 $738 below the Chicago citywide 2BR median of $1,813. The month's figures are based on 4 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $650 | — | — | $650 – $650 | 1 |
| 2BR | $1,075 | +$100 (+10.3%) | +$275 (+34.4%) | $1,038 – $1,113 | 2 |
| 3BR | $1,100 | −$100 (-8.3%) | −$300 (-21.4%) | $1,100 – $1,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
ZIP 46408 vs. Chicago — February 2024
| Bedrooms | ZIP 46408 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $650 | $1,211 | −$561 (-46.3%) |
| 2BR | $1,075 | $1,813 | −$737 (-40.7%) |
| 3BR | $1,100 | $2,300 | −$1,200 (-52.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.