Monthly Rent Report
ZIP 60040 Rent Report — January 2024
Asking rents in ZIP 60040, Chicago, from 2 listings.
Median 1BR rent in ZIP 60040 was $1,675 in January 2024, down 3.6% (−$62) from December 2023 and up 11.5% year-over-year. The middle half of 1BR listings asked between $1,675 and $1,675. That puts ZIP 60040 $158 above the Chicago citywide 1BR median of $1,517. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,675 | −$62 (-3.6%) | +$173 (+11.5%) | $1,675 – $1,675 | 1 |
| 3BR | $2,545 | −$755 (-22.9%) | +$645 (+33.9%) | $2,545 – $2,545 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — January 2024
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,675 | $1,517 | +$158 (+10.4%) |
| 3BR | $2,545 | $2,300 | +$245 (+10.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.