Monthly Rent Report
ZIP 60040 Rent Report — October 2022
Asking rents in ZIP 60040, Chicago, from 8 listings.
Median 1BR rent in ZIP 60040 was $1,530 in October 2022, up 1.0% (+$15) from September 2022 and down 1.0% year-over-year. The middle half of 1BR listings asked between $1,515 and $1,553. That puts ZIP 60040 $213 above the Chicago citywide 1BR median of $1,318. The month's figures are based on 8 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,530 | +$15 (+1.0%) | −$16 (-1.0%) | $1,515 – $1,553 | 4 |
| 2BR | $1,890 | +$258 (+15.8%) | +$229 (+13.8%) | $1,885 – $1,895 | 2 |
| 3BR | $3,550 | +$1,055 (+42.3%) | +$1,229 (+53.0%) | $3,525 – $3,575 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — October 2022
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,530 | $1,318 | +$213 (+16.1%) |
| 2BR | $1,890 | $1,700 | +$190 (+11.2%) |
| 3BR | $3,550 | $2,190 | +$1,360 (+62.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2022.