Monthly Rent Report
ZIP 60040 Rent Report — April 2022
Asking rents in ZIP 60040, Chicago, from 4 listings.
Median 1BR rent in ZIP 60040 was $1,865 in April 2022, up 9.7% (+$165) from March 2022 and up 26.4% year-over-year. The middle half of 1BR listings asked between $1,865 and $1,865. That puts ZIP 60040 $631 above the Chicago citywide 1BR median of $1,234. The month's figures are based on 4 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2022 | Vs. April 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,865 | +$165 (+9.7%) | +$390 (+26.4%) | $1,865 – $1,865 | 1 |
| 2BR | $1,705 | −$111 (-6.1%) | +$55 (+3.3%) | $1,705 – $1,705 | 1 |
| 3BR | $2,430 | −$1,070 (-30.6%) | +$405 (+20.0%) | $2,365 – $2,495 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2022. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — April 2022
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,865 | $1,234 | +$631 (+51.1%) |
| 2BR | $1,705 | $1,495 | +$210 (+14.0%) |
| 3BR | $2,430 | $2,098 | +$333 (+15.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2022.