Monthly Rent Report
ZIP 60402 Rent Report — September 2023
Asking rents in ZIP 60402, Chicago, from 109 listings.
Median 1BR rent in ZIP 60402 was $1,195 in September 2023, flat versus August 2023 and up 20.1% year-over-year. The middle half of 1BR listings asked between $1,195 and $1,195. That puts ZIP 60402 $255 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 109 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $900 | −$25 (-2.7%) | +$18 (+2.0%) | $900 – $900 | 1 |
| Studio | $895 | −$30 (-3.2%) | +$13 (+1.4%) | $895 – $895 | 1 |
| 1BR | $1,195 | $0 (0.0%) | +$200 (+20.1%) | $1,195 – $1,195 | 1 |
| 1BR | $1,095 | −$100 (-8.4%) | +$100 (+10.1%) | $1,095 – $1,145 | 3 |
| 2BR | $1,650 | −$340 (-17.1%) | +$250 (+17.9%) | $1,200 – $1,990 | 30 |
| 2BR | $1,450 | −$540 (-27.1%) | +$50 (+3.6%) | $1,450 – $1,450 | 1 |
| 3BR | $2,400 | +$9 (+0.4%) | −$163 (-6.4%) | $2,400 – $2,400 | 1 |
| 3BR | $2,250 | −$141 (-5.9%) | −$313 (-12.2%) | $2,150 – $2,391 | 45 |
| 4BR | $2,910 | +$225 (+8.4%) | +$745 (+34.4%) | $2,140 – $2,910 | 15 |
| 4BR | $2,295 | −$390 (-14.5%) | +$130 (+6.0%) | $2,295 – $2,295 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
ZIP 60402 vs. Chicago — September 2023
| Bedrooms | ZIP 60402 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $900 | $1,238 | −$337 (-27.3%) |
| Studio | $895 | $1,238 | −$342 (-27.7%) |
| 1BR | $1,195 | $1,450 | −$255 (-17.6%) |
| 1BR | $1,095 | $1,450 | −$355 (-24.5%) |
| 2BR | $1,650 | $1,738 | −$87 (-5.0%) |
| 2BR | $1,450 | $1,738 | −$287 (-16.5%) |
| 3BR | $2,400 | $2,327 | +$73 (+3.1%) |
| 3BR | $2,250 | $2,327 | −$77 (-3.3%) |
| 4BR | $2,910 | $2,783 | +$127 (+4.6%) |
| 4BR | $2,295 | $2,783 | −$488 (-17.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.