Monthly Rent Report
ZIP 60402 Rent Report — September 2022
Asking rents in ZIP 60402, Chicago, from 199 listings.
Median 1BR rent in ZIP 60402 was $995 in September 2022, flat versus August 2022 and up 11.8% year-over-year. The middle half of 1BR listings asked between $995 and $995. That puts ZIP 60402 $305 below the Chicago citywide 1BR median of $1,300. The month's figures are based on 199 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $930 | +$180 (+24.0%) | +$168 (+22.0%) | $883 – $930 | 3 |
| Studio | $883 | +$133 (+17.7%) | +$120 (+15.7%) | $835 – $930 | 4 |
| 1BR | $995 | $0 (0.0%) | +$105 (+11.8%) | $995 – $995 | 2 |
| 1BR | $1,100 | +$105 (+10.6%) | +$210 (+23.6%) | $1,100 – $1,195 | 18 |
| 2BR | $1,400 | +$150 (+12.0%) | −$150 (-9.7%) | $1,231 – $2,195 | 46 |
| 2BR | $1,350 | +$100 (+8.0%) | −$200 (-12.9%) | $1,250 – $2,185 | 58 |
| 3BR | $1,700 | −$450 (-20.9%) | −$450 (-20.9%) | $1,700 – $1,700 | 1 |
| 3BR | $2,563 | +$413 (+19.2%) | +$413 (+19.2%) | $2,563 – $2,563 | 1 |
| 4BR | $2,165 | +$13 (+0.6%) | −$620 (-22.3%) | $2,146 – $2,882 | 26 |
| 4BR | $2,165 | +$13 (+0.6%) | −$620 (-22.3%) | $2,140 – $2,882 | 25 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
ZIP 60402 vs. Chicago — September 2022
| Bedrooms | ZIP 60402 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $930 | $1,050 | −$120 (-11.4%) |
| Studio | $883 | $1,050 | −$167 (-16.0%) |
| 1BR | $995 | $1,300 | −$305 (-23.5%) |
| 1BR | $1,100 | $1,300 | −$200 (-15.4%) |
| 2BR | $1,400 | $1,550 | −$150 (-9.7%) |
| 2BR | $1,350 | $1,550 | −$200 (-12.9%) |
| 3BR | $1,700 | $2,099 | −$399 (-19.0%) |
| 3BR | $2,563 | $2,099 | +$464 (+22.1%) |
| 4BR | $2,165 | $2,420 | −$255 (-10.5%) |
| 4BR | $2,165 | $2,420 | −$255 (-10.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2022.