Monthly Rent Report
ZIP 60402 Rent Report — November 2024
Asking rents in ZIP 60402, Chicago, from 21 listings.
Median 1BR rent in ZIP 60402 was $1,273 in November 2024, up 41.4% (+$373) from October 2024 and up 18.4% year-over-year. The middle half of 1BR listings asked between $995 and $1,550. That puts ZIP 60402 $303 below the Chicago citywide 1BR median of $1,575. The month's figures are based on 21 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | −$600 (-33.3%) | +$275 (+29.7%) | $1,200 – $1,700 | 5 |
| 1BR | $1,273 | +$373 (+41.4%) | +$198 (+18.4%) | $995 – $1,550 | 4 |
| 1BR | $1,095 | +$195 (+21.7%) | +$20 (+1.9%) | $1,095 – $1,095 | 1 |
| 2BR | $1,295 | +$95 (+7.9%) | −$205 (-13.7%) | $1,295 – $1,295 | 1 |
| 2BR | $1,500 | +$300 (+25.0%) | $0 (0.0%) | $1,500 – $1,500 | 4 |
| 3BR | $2,560 | +$443 (+20.9%) | +$95 (+3.9%) | $2,560 – $2,560 | 1 |
| 3BR | $1,800 | −$317 (-15.0%) | −$665 (-27.0%) | $1,800 – $1,800 | 1 |
| 4BR | $2,459 | +$54 (+2.2%) | +$294 (+13.6%) | $2,459 – $2,459 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
ZIP 60402 vs. Chicago — November 2024
| Bedrooms | ZIP 60402 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,292 | −$92 (-7.1%) |
| 1BR | $1,273 | $1,575 | −$302 (-19.2%) |
| 1BR | $1,095 | $1,575 | −$480 (-30.5%) |
| 2BR | $1,295 | $1,945 | −$650 (-33.4%) |
| 2BR | $1,500 | $1,945 | −$445 (-22.9%) |
| 3BR | $2,560 | $2,200 | +$360 (+16.4%) |
| 3BR | $1,800 | $2,200 | −$400 (-18.2%) |
| 4BR | $2,459 | $2,990 | −$531 (-17.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2024.