Monthly Rent Report
ZIP 60402 Rent Report — April 2022
Asking rents in ZIP 60402, Chicago, from 79 listings.
Median 1BR rent in ZIP 60402 was $975 in April 2022, up 6.3% (+$58) from March 2022 and up 24.2% year-over-year. The middle half of 1BR listings asked between $975 and $975. That puts ZIP 60402 $259 below the Chicago citywide 1BR median of $1,234. The month's figures are based on 79 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2022 | Vs. April 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $855 | −$45 (-5.0%) | +$40 (+4.9%) | $835 – $880 | 7 |
| 1BR | $975 | +$58 (+6.3%) | +$190 (+24.2%) | $975 – $975 | 1 |
| 2BR | $1,195 | +$45 (+3.9%) | −$5 (-0.4%) | $1,195 – $1,195 | 1 |
| 3BR | $2,090 | −$105 (-4.8%) | +$90 (+4.5%) | $2,090 – $2,090 | 1 |
| 4BR | $2,206 | −$594 (-21.2%) | +$656 (+42.3%) | $2,140 – $2,882 | 53 |
Median, P25, and P75 are asking rents from listings posted in April 2022. Changes compare against the nearest prior month with data.
ZIP 60402 vs. Chicago — April 2022
| Bedrooms | ZIP 60402 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $855 | $1,085 | −$230 (-21.2%) |
| 1BR | $975 | $1,234 | −$259 (-21.0%) |
| 2BR | $1,195 | $1,495 | −$300 (-20.1%) |
| 3BR | $2,090 | $2,098 | −$7 (-0.4%) |
| 4BR | $2,206 | $2,595 | −$389 (-15.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2022.