Monthly Rent Report
ZIP 60402 Rent Report — January 2025
Asking rents in ZIP 60402, Chicago, from 168 listings.
Median 1BR rent in ZIP 60402 was $1,150 in January 2025, up 24.3% (+$225) from December 2024 and down 4.2% year-over-year. The middle half of 1BR listings asked between $1,150 and $1,195. That puts ZIP 60402 $346 below the Chicago citywide 1BR median of $1,496. The month's figures are based on 168 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,045 | −$80 (-7.1%) | +$70 (+7.2%) | $995 – $1,095 | 10 |
| Studio | $995 | −$130 (-11.6%) | +$20 (+2.1%) | $995 – $995 | 1 |
| 1BR | $1,150 | +$225 (+24.3%) | −$50 (-4.2%) | $1,150 – $1,195 | 26 |
| 1BR | $1,095 | +$170 (+18.4%) | −$105 (-8.8%) | $1,095 – $1,095 | 1 |
| 2BR | $1,450 | −$100 (-6.5%) | −$100 (-6.5%) | $1,450 – $1,450 | 1 |
| 2BR | $1,498 | −$52 (-3.4%) | −$52 (-3.4%) | $1,200 – $1,990 | 66 |
| 3BR | $1,695 | −$405 (-19.3%) | +$235 (+16.1%) | $1,640 – $2,150 | 35 |
| 3BR | $2,608 | +$508 (+24.2%) | +$1,148 (+78.6%) | $2,584 – $2,631 | 2 |
| 4BR | $2,500 | +$75 (+3.1%) | −$105 (-4.0%) | $2,400 – $5,800 | 11 |
| 4BR | $2,500 | +$75 (+3.1%) | −$105 (-4.0%) | $2,400 – $5,800 | 11 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
ZIP 60402 vs. Chicago — January 2025
| Bedrooms | ZIP 60402 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,045 | $1,250 | −$205 (-16.4%) |
| Studio | $995 | $1,250 | −$255 (-20.4%) |
| 1BR | $1,150 | $1,496 | −$346 (-23.1%) |
| 1BR | $1,095 | $1,496 | −$401 (-26.8%) |
| 2BR | $1,450 | $1,800 | −$350 (-19.4%) |
| 2BR | $1,498 | $1,800 | −$302 (-16.8%) |
| 3BR | $1,695 | $2,400 | −$705 (-29.4%) |
| 3BR | $2,608 | $2,400 | +$208 (+8.6%) |
| 4BR | $2,500 | $2,838 | −$337 (-11.9%) |
| 4BR | $2,500 | $2,838 | −$337 (-11.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2025.