Monthly Rent Report
ZIP 60040 Rent Report — September 2022
Asking rents in ZIP 60040, Chicago, from 7 listings.
Median 1BR rent in ZIP 60040 was $1,515 in September 2022, down 3.5% (−$55) from August 2022 and up 4.6% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,530. That puts ZIP 60040 $215 above the Chicago citywide 1BR median of $1,300. The month's figures are based on 7 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,515 | −$55 (-3.5%) | +$67 (+4.6%) | $1,500 – $1,530 | 4 |
| 2BR | $1,633 | −$112 (-6.4%) | −$28 (-1.7%) | $1,629 – $1,636 | 2 |
| 3BR | $2,495 | −$1,105 (-30.7%) | −$605 (-19.5%) | $2,495 – $2,495 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — September 2022
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,515 | $1,300 | +$215 (+16.5%) |
| 2BR | $1,633 | $1,550 | +$83 (+5.3%) |
| 3BR | $2,495 | $2,099 | +$396 (+18.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2022.