Monthly Rent Report
ZIP 60040 Rent Report — June 2022
Asking rents in ZIP 60040, Chicago, from 5 listings.
Median 1BR rent in ZIP 60040 was $1,658 in June 2022, up 3.3% (+$53) from May 2022 and up 13.9% year-over-year. The middle half of 1BR listings asked between $1,636 and $1,679. That puts ZIP 60040 $408 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. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,658 | +$53 (+3.3%) | +$203 (+13.9%) | $1,636 – $1,679 | 2 |
| 2BR | $2,140 | $0 (0.0%) | +$404 (+23.3%) | $2,140 – $2,140 | 1 |
| 3BR | $3,600 | $0 (0.0%) | +$1,405 (+64.0%) | $3,600 – $3,600 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — June 2022
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,658 | $1,250 | +$408 (+32.6%) |
| 2BR | $2,140 | $1,570 | +$570 (+36.3%) |
| 3BR | $3,600 | $1,995 | +$1,605 (+80.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2022.