Monthly Rent Report
ZIP 60402 Rent Report — April 2024
Asking rents in ZIP 60402, Chicago, from 370 listings.
Median 1BR rent in ZIP 60402 was $1,100 in April 2024, flat versus March 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $1,095 and $1,150. That puts ZIP 60402 $400 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 370 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $975 | +$50 (+5.4%) | +$75 (+8.3%) | $975 – $995 | 25 |
| Studio | $925 | $0 (0.0%) | +$25 (+2.8%) | $925 – $925 | 1 |
| 1BR | $1,100 | $0 (0.0%) | $0 (0.0%) | $1,095 – $1,150 | 53 |
| 1BR | $1,195 | +$95 (+8.6%) | +$95 (+8.6%) | $1,195 – $1,195 | 1 |
| 2BR | $1,550 | +$350 (+29.2%) | +$200 (+14.8%) | $1,400 – $1,990 | 85 |
| 2BR | $1,600 | +$400 (+33.3%) | +$250 (+18.5%) | $1,600 – $1,600 | 1 |
| 3BR | $2,775 | +$470 (+20.4%) | +$900 (+48.0%) | $2,775 – $2,775 | 1 |
| 3BR | $2,295 | −$10 (-0.4%) | +$420 (+22.4%) | $2,100 – $2,391 | 123 |
| 4BR | $2,690 | $0 (0.0%) | +$525 (+24.2%) | $2,165 – $2,910 | 48 |
| 4BR | $2,948 | +$258 (+9.6%) | +$783 (+36.1%) | $2,929 – $2,966 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
ZIP 60402 vs. Chicago — April 2024
| Bedrooms | ZIP 60402 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $975 | $1,222 | −$247 (-20.2%) |
| Studio | $925 | $1,222 | −$297 (-24.3%) |
| 1BR | $1,100 | $1,500 | −$400 (-26.7%) |
| 1BR | $1,195 | $1,500 | −$305 (-20.3%) |
| 2BR | $1,550 | $1,850 | −$300 (-16.2%) |
| 2BR | $1,600 | $1,850 | −$250 (-13.5%) |
| 3BR | $2,775 | $2,300 | +$475 (+20.7%) |
| 3BR | $2,295 | $2,300 | −$5 (-0.2%) |
| 4BR | $2,690 | $2,800 | −$110 (-3.9%) |
| 4BR | $2,948 | $2,800 | +$148 (+5.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.