Monthly Rent Report
ZIP 60402 Rent Report — December 2023
Asking rents in ZIP 60402, Chicago, from 136 listings.
Median 1BR rent in ZIP 60402 was $1,148 in December 2023, up 0.2% (+$3) from November 2023 and up 1.1% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,200. That puts ZIP 60402 $308 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 136 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,050 | +$150 (+16.7%) | +$55 (+5.5%) | $1,050 – $1,050 | 3 |
| Studio | $1,050 | +$150 (+16.7%) | +$55 (+5.5%) | $1,050 – $1,050 | 3 |
| 1BR | $1,148 | +$3 (+0.2%) | +$13 (+1.1%) | $1,100 – $1,200 | 10 |
| 1BR | $1,195 | +$50 (+4.4%) | +$60 (+5.3%) | $1,195 – $1,195 | 1 |
| 2BR | $1,775 | +$425 (+31.5%) | +$475 (+36.5%) | $1,409 – $1,800 | 6 |
| 2BR | $1,395 | +$45 (+3.3%) | +$95 (+7.3%) | $1,395 – $1,395 | 1 |
| 3BR | $2,260 | −$35 (-1.5%) | −$35 (-1.5%) | $2,260 – $2,260 | 1 |
| 3BR | $2,260 | −$35 (-1.5%) | −$35 (-1.5%) | $2,260 – $2,260 | 1 |
| 4BR | $2,605 | +$440 (+20.3%) | +$440 (+20.3%) | $2,165 – $2,910 | 80 |
| 4BR | $2,615 | +$450 (+20.8%) | +$450 (+20.8%) | $2,615 – $2,615 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
ZIP 60402 vs. Chicago — December 2023
| Bedrooms | ZIP 60402 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,050 | $1,218 | −$167 (-13.8%) |
| Studio | $1,050 | $1,218 | −$167 (-13.8%) |
| 1BR | $1,148 | $1,455 | −$307 (-21.1%) |
| 1BR | $1,195 | $1,455 | −$260 (-17.9%) |
| 2BR | $1,775 | $1,800 | −$25 (-1.4%) |
| 2BR | $1,395 | $1,800 | −$405 (-22.5%) |
| 3BR | $2,260 | $2,472 | −$212 (-8.6%) |
| 3BR | $2,260 | $2,472 | −$212 (-8.6%) |
| 4BR | $2,605 | $2,630 | −$25 (-1.0%) |
| 4BR | $2,615 | $2,630 | −$15 (-0.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.