Monthly Rent Report
ZIP 60402 Rent Report — June 2022
Asking rents in ZIP 60402, Chicago, from 24 listings.
Median 1BR rent in ZIP 60402 was $1,013 in June 2022, up 9.2% (+$85) from May 2022 and up 6.6% year-over-year. The middle half of 1BR listings asked between $994 and $1,031. That puts ZIP 60402 $238 below the Chicago citywide 1BR median of $1,250. The month's figures are based on 24 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $750 | −$102 (-12.0%) | −$19 (-2.5%) | $750 – $750 | 1 |
| Studio | $750 | −$102 (-12.0%) | −$19 (-2.5%) | $750 – $750 | 1 |
| 1BR | $1,013 | +$85 (+9.2%) | +$63 (+6.6%) | $994 – $1,031 | 2 |
| 1BR | $975 | +$48 (+5.1%) | +$25 (+2.6%) | $975 – $975 | 2 |
| 2BR | $1,650 | +$255 (+18.3%) | +$123 (+8.0%) | $1,650 – $1,650 | 3 |
| 2BR | $1,325 | −$70 (-5.0%) | −$202 (-13.3%) | $1,294 – $1,344 | 4 |
| 3BR | $1,900 | −$104 (-5.2%) | −$300 (-13.6%) | $1,900 – $1,900 | 1 |
| 3BR | $1,900 | −$104 (-5.2%) | −$300 (-13.6%) | $1,900 – $1,900 | 6 |
| 4BR | $2,337 | +$172 (+7.9%) | +$294 (+14.4%) | $2,337 – $2,337 | 2 |
| 4BR | $1,700 | −$465 (-21.5%) | −$343 (-16.8%) | $1,700 – $1,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
ZIP 60402 vs. Chicago — June 2022
| Bedrooms | ZIP 60402 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $750 | $990 | −$240 (-24.2%) |
| Studio | $750 | $990 | −$240 (-24.2%) |
| 1BR | $1,013 | $1,250 | −$237 (-19.0%) |
| 1BR | $975 | $1,250 | −$275 (-22.0%) |
| 2BR | $1,650 | $1,570 | +$80 (+5.1%) |
| 2BR | $1,325 | $1,570 | −$245 (-15.6%) |
| 3BR | $1,900 | $1,995 | −$95 (-4.8%) |
| 3BR | $1,900 | $1,995 | −$95 (-4.8%) |
| 4BR | $2,337 | $2,496 | −$159 (-6.4%) |
| 4BR | $1,700 | $2,496 | −$796 (-31.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2022.