Monthly Rent Report
ZIP 60040 Rent Report — December 2023
Asking rents in ZIP 60040, Chicago, from 7 listings.
Median 1BR rent in ZIP 60040 was $1,738 in December 2023 and up 14.5% year-over-year. The middle half of 1BR listings asked between $1,736 and $1,739. That puts ZIP 60040 $283 above the Chicago citywide 1BR median of $1,455. The month's figures are based on 7 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,738 | — | +$220 (+14.5%) | $1,736 – $1,739 | 2 |
| 2BR | $2,065 | +$190 (+10.1%) | +$100 (+5.1%) | $2,050 – $2,104 | 4 |
| 3BR | $3,300 | $0 (0.0%) | +$1,125 (+51.7%) | $3,300 – $3,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — December 2023
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,738 | $1,455 | +$283 (+19.4%) |
| 2BR | $2,065 | $1,800 | +$265 (+14.7%) |
| 3BR | $3,300 | $2,472 | +$828 (+33.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.