Monthly Rent Report
ZIP 60040 Rent Report — July 2021
Asking rents in ZIP 60040, Chicago, from 21 listings.
Median 1BR rent in ZIP 60040 was $1,396 in July 2021, down 4.1% (−$59) from June 2021. The middle half of 1BR listings asked between $1,311 and $1,505. That puts ZIP 60040 $201 above the Chicago citywide 1BR median of $1,195. The month's figures are based on 21 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,396 | −$59 (-4.1%) | — | $1,311 – $1,505 | 5 |
| 2BR | $1,753 | +$17 (+1.0%) | — | $1,653 – $1,792 | 12 |
| 3BR | $2,190 | −$5 (-0.2%) | — | $2,150 – $2,225 | 4 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — July 2021
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,396 | $1,195 | +$201 (+16.8%) |
| 2BR | $1,753 | $1,498 | +$255 (+17.1%) |
| 3BR | $2,190 | $1,943 | +$248 (+12.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2021.