Monthly Rent Report
ZIP 60040 Rent Report — June 2024
Asking rents in ZIP 60040, Chicago, from 19 listings.
Median 1BR rent in ZIP 60040 was $1,710 in June 2024, up 3.3% (+$55) from May 2024 and up 0.3% year-over-year. The middle half of 1BR listings asked between $1,679 and $1,750. That puts ZIP 60040 $211 above the Chicago citywide 1BR median of $1,499. The month's figures are based on 19 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,710 | +$55 (+3.3%) | +$5 (+0.3%) | $1,679 – $1,750 | 8 |
| 2BR | $2,003 | −$47 (-2.3%) | +$45 (+2.3%) | $1,969 – $2,030 | 8 |
| 3BR | $3,700 | +$950 (+34.5%) | +$955 (+34.8%) | $3,700 – $3,700 | 3 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — June 2024
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,710 | $1,499 | +$211 (+14.1%) |
| 2BR | $2,003 | $1,899 | +$104 (+5.5%) |
| 3BR | $3,700 | $2,395 | +$1,305 (+54.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.