Monthly Rent Report
ZIP 60040 Rent Report — March 2021
Asking rents in ZIP 60040, Chicago, from 16 listings.
Median 1BR rent in ZIP 60040 was $1,505 in March 2021, up 3.8% (+$55) from February 2021. The middle half of 1BR listings asked between $1,390 and $1,510. That puts ZIP 60040 $293 above the Chicago citywide 1BR median of $1,213. The month's figures are based on 16 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,505 | +$55 (+3.8%) | — | $1,390 – $1,510 | 5 |
| 2BR | $1,578 | −$27 (-1.7%) | — | $1,555 – $1,598 | 8 |
| 3BR | $2,055 | +$60 (+3.0%) | — | $2,020 – $2,120 | 3 |
Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — March 2021
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,505 | $1,213 | +$293 (+24.1%) |
| 2BR | $1,578 | $1,545 | +$33 (+2.1%) |
| 3BR | $2,055 | $1,945 | +$110 (+5.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2021.