Monthly Rent Report

ZIP 60040 Rent Report — October 2020

Asking rents in ZIP 60040, Chicago, from 13 listings.

Median 1BR rent in ZIP 60040 was $1,260 in October 2020. The middle half of 1BR listings asked between $1,255 and $1,285. That puts ZIP 60040 $51 below the Chicago citywide 1BR median of $1,311. The month's figures are based on 13 listings across 3 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2016Vs. Year AgoP25–P75 RangeListings
1BR$1,260$1,255 – $1,2853
2BR$1,525$1,515 – $1,5259
3BR$2,010−$290 (-12.6%)$2,010 – $2,0101

Median, P25, and P75 are asking rents from listings posted in October 2020. Changes compare against the nearest prior month with data.

ZIP 60040 vs. ChicagoOctober 2020

BedroomsZIP 60040 MedianChicago Citywide MedianDifference
1BR$1,260$1,311−$51 (-3.9%)
2BR$1,525$1,500+$25 (+1.7%)
3BR$2,010$1,860+$150 (+8.1%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2020.

Advertisement