Monthly Rent Report
ZIP 60040 Rent Report — May 2022
Asking rents in ZIP 60040, Chicago, from 5 listings.
Median 1BR rent in ZIP 60040 was $1,605 in May 2022, down 13.9% (−$260) from April 2022 and up 4.9% year-over-year. The middle half of 1BR listings asked between $1,605 and $1,605. That puts ZIP 60040 $308 above the Chicago citywide 1BR median of $1,298. The month's figures are based on 5 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,605 | −$260 (-13.9%) | +$75 (+4.9%) | $1,605 – $1,605 | 1 |
| 2BR | $2,140 | +$435 (+25.5%) | +$313 (+17.1%) | $1,893 – $2,153 | 3 |
| 3BR | $3,600 | +$1,170 (+48.1%) | +$1,395 (+63.3%) | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — May 2022
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,605 | $1,298 | +$308 (+23.7%) |
| 2BR | $2,140 | $1,599 | +$541 (+33.9%) |
| 3BR | $3,600 | $2,100 | +$1,500 (+71.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2022.