Monthly Rent Report
ZIP 60040 Rent Report — October 2021
Asking rents in ZIP 60040, Chicago, from 6 listings.
Median 1BR rent in ZIP 60040 was $1,546 in October 2021, up 6.7% (+$98) from September 2021 and up 22.7% year-over-year. The middle half of 1BR listings asked between $1,428 and $1,561. That puts ZIP 60040 $351 above the Chicago citywide 1BR median of $1,195. The month's figures are based on 6 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2021 | Vs. October 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,546 | +$98 (+6.7%) | +$286 (+22.7%) | $1,428 – $1,561 | 3 |
| 2BR | $1,661 | $0 (0.0%) | +$136 (+8.9%) | $1,661 – $1,661 | 1 |
| 3BR | $2,321 | −$779 (-25.1%) | +$311 (+15.5%) | $2,276 – $2,366 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2021. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — October 2021
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,546 | $1,195 | +$351 (+29.4%) |
| 2BR | $1,661 | $1,371 | +$290 (+21.1%) |
| 3BR | $2,321 | $1,795 | +$526 (+29.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2021.