Monthly Rent Report
ZIP 60402 Rent Report — December 2022
Asking rents in ZIP 60402, Chicago, from 93 listings.
Median 1BR rent in ZIP 60402 was $1,000 in December 2022, down 9.1% (−$100) from November 2022 and up 17.0% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts ZIP 60402 $345 below the Chicago citywide 1BR median of $1,345. The month's figures are based on 93 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | — | +$23 (+2.3%) | $959 – $995 | 4 |
| Studio | $875 | — | −$97 (-10.0%) | $875 – $875 | 1 |
| 1BR | $1,000 | −$100 (-9.1%) | +$145 (+17.0%) | $1,000 – $1,000 | 1 |
| 1BR | $1,135 | +$35 (+3.2%) | +$280 (+32.7%) | $1,050 – $1,150 | 17 |
| 2BR | $1,300 | −$50 (-3.7%) | −$100 (-7.1%) | $1,300 – $1,300 | 1 |
| 2BR | $1,575 | +$225 (+16.7%) | +$175 (+12.5%) | $1,313 – $1,918 | 22 |
| 3BR | $1,963 | −$387 (-16.5%) | −$187 (-8.7%) | $1,945 – $2,225 | 12 |
| 3BR | $2,295 | −$55 (-2.3%) | +$145 (+6.7%) | $2,295 – $2,295 | 1 |
| 4BR | $2,165 | $0 (0.0%) | −$30 (-1.4%) | $2,165 – $2,165 | 21 |
| 4BR | $2,165 | $0 (0.0%) | −$30 (-1.4%) | $2,165 – $2,165 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
ZIP 60402 vs. Chicago — December 2022
| Bedrooms | ZIP 60402 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,050 | −$55 (-5.2%) |
| Studio | $875 | $1,050 | −$175 (-16.7%) |
| 1BR | $1,000 | $1,345 | −$345 (-25.7%) |
| 1BR | $1,135 | $1,345 | −$210 (-15.6%) |
| 2BR | $1,300 | $1,675 | −$375 (-22.4%) |
| 2BR | $1,575 | $1,675 | −$100 (-6.0%) |
| 3BR | $1,963 | $2,181 | −$219 (-10.0%) |
| 3BR | $2,295 | $2,181 | +$114 (+5.2%) |
| 4BR | $2,165 | $2,589 | −$424 (-16.4%) |
| 4BR | $2,165 | $2,589 | −$424 (-16.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2022.