Monthly Rent Report

ZIP 46408 Rent Report — November 2024

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

Median 1BR rent in ZIP 46408 was $725 in November 2024 and down 19.4% year-over-year. The middle half of 1BR listings asked between $725 and $725. That puts ZIP 46408 $850 below the Chicago citywide 1BR median of $1,575. The month's figures are based on 5 listings across 4 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2024Vs. November 2023P25–P75 RangeListings
1BR$725−$175 (-19.4%)$725 – $7252
2BR$965−$135 (-12.3%)−$30 (-3.0%)$965 – $9651
3BR$1,195−$805 (-40.3%)−$55 (-4.4%)$1,195 – $1,1951
4BR$1,750+$355 (+25.4%)+$475 (+37.3%)$1,750 – $1,7501

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

ZIP 46408 vs. ChicagoNovember 2024

BedroomsZIP 46408 MedianChicago Citywide MedianDifference
1BR$725$1,575−$850 (-54.0%)
2BR$965$1,945−$980 (-50.4%)
3BR$1,195$2,200−$1,005 (-45.7%)
4BR$1,750$2,990−$1,240 (-41.5%)

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

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