Monthly Rent Report
ZIP 60040 Rent Report — October 2024
Asking rents in ZIP 60040, Chicago, from 17 listings.
Median 1BR rent in ZIP 60040 was $1,730 in October 2024, up 0.3% (+$5) from September 2024 and down 3.4% year-over-year. The middle half of 1BR listings asked between $1,721 and $1,744. That puts ZIP 60040 $294 above the Chicago citywide 1BR median of $1,437. The month's figures are based on 17 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,730 | +$5 (+0.3%) | −$60 (-3.4%) | $1,721 – $1,744 | 4 |
| 2BR | $1,853 | −$40 (-2.1%) | −$57 (-3.0%) | $1,804 – $1,921 | 12 |
| 3BR | $2,890 | +$348 (+13.7%) | −$510 (-15.0%) | $2,890 – $2,890 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
ZIP 60040 vs. Chicago — October 2024
| Bedrooms | ZIP 60040 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,730 | $1,437 | +$294 (+20.4%) |
| 2BR | $1,853 | $1,770 | +$83 (+4.7%) |
| 3BR | $2,890 | $2,305 | +$585 (+25.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.