Monthly Rent Report
ZIP 60040 Rent Report — December 2022
Asking rents in ZIP 60040, Chicago, from 7 listings.
Median 1BR rent in ZIP 60040 was $1,518 in December 2022 and down 5.7% year-over-year. The middle half of 1BR listings asked between $1,486 and $1,586. That puts ZIP 60040 $173 above the Chicago citywide 1BR median of $1,345. The month's figures are based on 7 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,518 | — | −$92 (-5.7%) | $1,486 – $1,586 | 4 |
| 2BR | $1,965 | +$395 (+25.2%) | +$87 (+4.6%) | $1,955 – $1,975 | 2 |
| 3BR | $2,175 | +$110 (+5.3%) | +$214 (+10.9%) | $2,175 – $2,175 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — December 2022
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,518 | $1,345 | +$173 (+12.8%) |
| 2BR | $1,965 | $1,675 | +$290 (+17.3%) |
| 3BR | $2,175 | $2,181 | −$6 (-0.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2022.