Monthly Rent Report
ZIP 60402 Rent Report — November 2023
Asking rents in ZIP 60402, Chicago, from 389 listings.
Median 1BR rent in ZIP 60402 was $1,145 in November 2023, flat versus October 2023 and up 4.1% year-over-year. The middle half of 1BR listings asked between $1,050 and $1,195. That puts ZIP 60402 $359 below the Chicago citywide 1BR median of $1,504. The month's figures are based on 389 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $925 | $0 (0.0%) | — | $900 – $955 | 5 |
| Studio | $900 | −$25 (-2.7%) | — | $900 – $900 | 1 |
| 1BR | $1,145 | $0 (0.0%) | +$45 (+4.1%) | $1,050 – $1,195 | 33 |
| 1BR | $1,075 | −$70 (-6.1%) | −$25 (-2.3%) | $1,075 – $1,075 | 1 |
| 2BR | $1,350 | −$45 (-3.2%) | −$45 (-3.2%) | $1,350 – $1,350 | 1 |
| 2BR | $1,500 | +$105 (+7.5%) | +$105 (+7.5%) | $1,350 – $1,990 | 109 |
| 3BR | $2,295 | +$370 (+19.2%) | +$550 (+31.5%) | $2,065 – $2,391 | 155 |
| 3BR | $2,465 | +$540 (+28.1%) | +$720 (+41.3%) | $2,465 – $2,465 | 1 |
| 4BR | $2,165 | −$785 (-26.6%) | $0 (0.0%) | $2,140 – $2,910 | 58 |
| 4BR | $2,460 | −$490 (-16.6%) | +$295 (+13.6%) | $2,460 – $2,460 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
ZIP 60402 vs. Chicago — November 2023
| Bedrooms | ZIP 60402 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $925 | $1,160 | −$235 (-20.3%) |
| Studio | $900 | $1,160 | −$260 (-22.4%) |
| 1BR | $1,145 | $1,504 | −$358 (-23.8%) |
| 1BR | $1,075 | $1,504 | −$428 (-28.5%) |
| 2BR | $1,350 | $1,800 | −$450 (-25.0%) |
| 2BR | $1,500 | $1,800 | −$300 (-16.7%) |
| 3BR | $2,295 | $2,298 | −$2 (-0.1%) |
| 3BR | $2,465 | $2,298 | +$168 (+7.3%) |
| 4BR | $2,165 | $2,750 | −$585 (-21.3%) |
| 4BR | $2,460 | $2,750 | −$290 (-10.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.