Monthly Rent Report
ZIP 60040 Rent Report — December 2021
Asking rents in ZIP 60040, Chicago, from 9 listings.
Median 1BR rent in ZIP 60040 was $1,610 in December 2021, up 11.0% (+$159) from November 2021. The middle half of 1BR listings asked between $1,605 and $1,655. That puts ZIP 60040 $410 above the Chicago citywide 1BR median of $1,200. The month's figures are based on 9 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,610 | +$159 (+11.0%) | — | $1,605 – $1,655 | 3 |
| 2BR | $1,878 | −$37 (-2.0%) | — | $1,839 – $1,916 | 2 |
| 3BR | $1,961 | — | — | $1,888 – $2,021 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — December 2021
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,610 | $1,200 | +$410 (+34.2%) |
| 2BR | $1,878 | $1,500 | +$378 (+25.2%) |
| 3BR | $1,961 | $1,800 | +$161 (+8.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2021.