Monthly Rent Report
ZIP 60040 Rent Report — August 2021
Asking rents in ZIP 60040, Chicago, from 20 listings.
Median 1BR rent in ZIP 60040 was $1,456 in August 2021, up 4.3% (+$60) from July 2021. The middle half of 1BR listings asked between $1,417 and $1,476. That puts ZIP 60040 $258 above the Chicago citywide 1BR median of $1,198. The month's figures are based on 20 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,456 | +$60 (+4.3%) | — | $1,417 – $1,476 | 6 |
| 2BR | $1,596 | −$157 (-9.0%) | — | $1,570 – $1,696 | 12 |
| 3BR | $3,500 | +$1,310 (+59.8%) | — | $3,500 – $3,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — August 2021
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,456 | $1,198 | +$258 (+21.6%) |
| 2BR | $1,596 | $1,498 | +$98 (+6.6%) |
| 3BR | $3,500 | $2,000 | +$1,500 (+75.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2021.