Monthly Rent Report
ZIP 60040 Rent Report — September 2023
Asking rents in ZIP 60040, Chicago, from 8 listings.
Median 1BR rent in ZIP 60040 was $1,533 in September 2023, down 7.7% (−$127) from August 2023 and up 1.2% year-over-year. The middle half of 1BR listings asked between $1,499 and $1,566. That puts ZIP 60040 $83 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 8 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,533 | −$127 (-7.7%) | +$18 (+1.2%) | $1,499 – $1,566 | 2 |
| 2BR | $1,718 | +$3 (+0.1%) | +$85 (+5.2%) | $1,705 – $1,740 | 4 |
| 3BR | $2,168 | −$27 (-1.3%) | −$327 (-13.1%) | $2,166 – $2,169 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — September 2023
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,533 | $1,450 | +$83 (+5.7%) |
| 2BR | $1,718 | $1,738 | −$20 (-1.2%) |
| 3BR | $2,168 | $2,327 | −$159 (-6.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.