Monthly Rent Report
ZIP 60040 Rent Report — February 2022
Asking rents in ZIP 60040, Chicago, from 5 listings.
Median 1BR rent in ZIP 60040 was $1,860 in February 2022, up 19.9% (+$309) from January 2022 and up 28.3% year-over-year. The middle half of 1BR listings asked between $1,860 and $1,860. That puts ZIP 60040 $610 above the Chicago citywide 1BR median of $1,250. The month's figures are based on 5 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2022 | Vs. February 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,860 | +$309 (+19.9%) | +$410 (+28.3%) | $1,860 – $1,860 | 1 |
| 2BR | $1,711 | +$125 (+7.9%) | +$106 (+6.6%) | $1,711 – $1,711 | 1 |
| 3BR | $2,026 | −$35 (-1.7%) | +$31 (+1.6%) | $1,918 – $2,128 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2022. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — February 2022
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,860 | $1,250 | +$610 (+48.8%) |
| 2BR | $1,711 | $1,600 | +$111 (+6.9%) |
| 3BR | $2,026 | $1,795 | +$231 (+12.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2022.