Monthly Rent Report
ZIP 60040 Rent Report — July 2024
Asking rents in ZIP 60040, Chicago, from 7 listings.
Median 1BR rent in ZIP 60040 was $1,795 in July 2024, up 5.0% (+$85) from June 2024 and up 11.1% year-over-year. The middle half of 1BR listings asked between $1,790 and $1,828. That puts ZIP 60040 $235 above the Chicago citywide 1BR median of $1,560. The month's figures are based on 7 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,795 | +$85 (+5.0%) | +$180 (+11.1%) | $1,790 – $1,828 | 3 |
| 2BR | $1,980 | −$22 (-1.1%) | +$15 (+0.8%) | $1,945 – $2,010 | 3 |
| 3BR | $2,400 | −$1,300 (-35.1%) | −$1,000 (-29.4%) | $2,400 – $2,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — July 2024
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,795 | $1,560 | +$235 (+15.1%) |
| 2BR | $1,980 | $1,805 | +$175 (+9.7%) |
| 3BR | $2,400 | $2,363 | +$38 (+1.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.