Monthly Rent Report
ZIP 60040 Rent Report — February 2021
Asking rents in ZIP 60040, Chicago, from 15 listings.
Median 1BR rent in ZIP 60040 was $1,450 in February 2021, up 15.1% (+$190) from October 2020. The middle half of 1BR listings asked between $1,445 and $1,455. That puts ZIP 60040 $252 above the Chicago citywide 1BR median of $1,198. The month's figures are based on 15 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,450 | +$190 (+15.1%) | — | $1,445 – $1,455 | 4 |
| 2BR | $1,605 | +$80 (+5.2%) | — | $1,605 – $1,700 | 9 |
| 3BR | $1,995 | −$15 (-0.7%) | — | $1,945 – $2,045 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2021. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — February 2021
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,450 | $1,198 | +$252 (+21.0%) |
| 2BR | $1,605 | $1,411 | +$194 (+13.7%) |
| 3BR | $1,995 | $1,785 | +$210 (+11.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2021.