Monthly Rent Report

ZIP 46408 Rent Report — March 2024

Asking rents in ZIP 46408, Chicago, from 5 listings.

Median 1BR rent in ZIP 46408 was $850 in March 2024. The middle half of 1BR listings asked between $850 and $850. That puts ZIP 46408 $655 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 5 listings across 4 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2024Vs. March 2023P25–P75 RangeListings
Studio$995+$345 (+53.1%)−$1,205 (-54.8%)$995 – $9951
1BR$850$850 – $8501
2BR$1,000−$75 (-7.0%)$1,000 – $1,0001
3BR$1,273+$173 (+15.7%)+$478 (+60.1%)$1,234 – $1,3112

Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.

ZIP 46408 vs. ChicagoMarch 2024

BedroomsZIP 46408 MedianChicago Citywide MedianDifference
Studio$995$1,225−$230 (-18.8%)
1BR$850$1,505−$654 (-43.5%)
2BR$1,000$1,900−$900 (-47.4%)
3BR$1,273$2,250−$977 (-43.4%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.

Advertisement