Monthly Rent Report
ZIP 60402 Rent Report — October 2022
Asking rents in ZIP 60402, Chicago, from 675 listings.
Median 1BR rent in ZIP 60402 was $1,073 in October 2022, down 2.5% (−$27) from September 2022 and up 15.9% year-over-year. The middle half of 1BR listings asked between $1,061 and $1,084. That puts ZIP 60402 $245 below the Chicago citywide 1BR median of $1,318. The month's figures are based on 675 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $878 | −$52 (-5.6%) | +$78 (+9.7%) | $854 – $900 | 4 |
| Studio | $878 | −$52 (-5.6%) | +$78 (+9.7%) | $854 – $900 | 4 |
| 1BR | $1,073 | −$27 (-2.5%) | +$148 (+15.9%) | $1,061 – $1,084 | 2 |
| 1BR | $1,095 | −$5 (-0.5%) | +$170 (+18.4%) | $1,045 – $1,298 | 3 |
| 2BR | $1,990 | +$590 (+42.1%) | +$190 (+10.6%) | $1,200 – $2,200 | 76 |
| 2BR | $1,325 | −$75 (-5.4%) | −$475 (-26.4%) | $1,325 – $1,325 | 1 |
| 3BR | $2,195 | +$495 (+29.1%) | +$545 (+33.0%) | $2,065 – $2,247 | 167 |
| 3BR | $2,195 | +$495 (+29.1%) | +$545 (+33.0%) | $2,065 – $2,247 | 258 |
| 4BR | $2,165 | $0 (0.0%) | −$335 (-13.4%) | $2,140 – $2,882 | 70 |
| 4BR | $2,165 | $0 (0.0%) | −$335 (-13.4%) | $2,140 – $2,882 | 49 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
ZIP 60402 vs. Chicago — October 2022
| Bedrooms | ZIP 60402 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $878 | $1,050 | −$172 (-16.4%) |
| Studio | $878 | $1,050 | −$172 (-16.4%) |
| 1BR | $1,073 | $1,318 | −$245 (-18.6%) |
| 1BR | $1,095 | $1,318 | −$222 (-16.9%) |
| 2BR | $1,990 | $1,700 | +$290 (+17.1%) |
| 2BR | $1,325 | $1,700 | −$375 (-22.1%) |
| 3BR | $2,195 | $2,190 | +$5 (+0.2%) |
| 3BR | $2,195 | $2,190 | +$5 (+0.2%) |
| 4BR | $2,165 | $2,478 | −$312 (-12.6%) |
| 4BR | $2,165 | $2,478 | −$312 (-12.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2022.