Monthly Rent Report
ZIP 60402 Rent Report — June 2024
Asking rents in ZIP 60402, Chicago, from 687 listings.
Median 1BR rent in ZIP 60402 was $1,025 in June 2024, down 2.8% (−$30) from May 2024 and down 2.4% year-over-year. The middle half of 1BR listings asked between $1,010 and $1,063. That puts ZIP 60402 $474 below the Chicago citywide 1BR median of $1,499. The month's figures are based on 687 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $950 | $0 (0.0%) | $0 (0.0%) | $950 – $975 | 47 |
| Studio | $900 | −$50 (-5.3%) | −$50 (-5.3%) | $900 – $900 | 1 |
| 1BR | $1,025 | −$30 (-2.8%) | −$25 (-2.4%) | $1,010 – $1,063 | 3 |
| 1BR | $1,115 | +$60 (+5.7%) | +$65 (+6.2%) | $1,100 – $1,225 | 111 |
| 2BR | $1,250 | +$50 (+4.2%) | −$287 (-18.7%) | $1,250 – $1,250 | 1 |
| 2BR | $1,650 | +$450 (+37.5%) | +$113 (+7.3%) | $1,350 – $1,990 | 141 |
| 3BR | $2,270 | +$70 (+3.2%) | +$75 (+3.4%) | $2,150 – $2,391 | 233 |
| 3BR | $2,370 | +$170 (+7.7%) | +$175 (+8.0%) | $2,370 – $2,370 | 1 |
| 4BR | $2,649 | −$300 (-10.2%) | +$484 (+22.4%) | $2,165 – $2,949 | 70 |
| 4BR | $2,649 | −$300 (-10.2%) | +$484 (+22.4%) | $2,165 – $2,949 | 41 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
ZIP 60402 vs. Chicago — June 2024
| Bedrooms | ZIP 60402 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $950 | $1,149 | −$199 (-17.3%) |
| Studio | $900 | $1,149 | −$249 (-21.7%) |
| 1BR | $1,025 | $1,499 | −$474 (-31.6%) |
| 1BR | $1,115 | $1,499 | −$384 (-25.6%) |
| 2BR | $1,250 | $1,899 | −$649 (-34.2%) |
| 2BR | $1,650 | $1,899 | −$249 (-13.1%) |
| 3BR | $2,270 | $2,395 | −$125 (-5.2%) |
| 3BR | $2,370 | $2,395 | −$25 (-1.0%) |
| 4BR | $2,649 | $2,698 | −$48 (-1.8%) |
| 4BR | $2,649 | $2,698 | −$48 (-1.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.