Monthly Rent Report
ZIP 60040 Rent Report — September 2024
Asking rents in ZIP 60040, Chicago, from 23 listings.
Median 1BR rent in ZIP 60040 was $1,725 in September 2024, down 6.5% (−$120) from August 2024 and up 12.6% year-over-year. The middle half of 1BR listings asked between $1,703 and $1,783. That puts ZIP 60040 $230 above the Chicago citywide 1BR median of $1,495. The month's figures are based on 23 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,725 | −$120 (-6.5%) | +$193 (+12.6%) | $1,703 – $1,783 | 7 |
| 2BR | $1,893 | −$182 (-8.8%) | +$175 (+10.2%) | $1,834 – $1,989 | 14 |
| 3BR | $2,543 | −$117 (-4.4%) | +$375 (+17.3%) | $2,501 – $2,584 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — September 2024
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,725 | $1,495 | +$230 (+15.4%) |
| 2BR | $1,893 | $1,843 | +$50 (+2.7%) |
| 3BR | $2,543 | $2,350 | +$193 (+8.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.