Monthly Rent Report

ZIP 60402 Rent Report — February 2025

Asking rents in ZIP 60402, Chicago, from 140 listings.

Median 1BR rent in ZIP 60402 was $1,195 in February 2025, up 3.9% (+$45) from January 2025 and down 0.4% year-over-year. The middle half of 1BR listings asked between $1,150 and $1,245. That puts ZIP 60402 $350 below the Chicago citywide 1BR median of $1,545. The month's figures are based on 140 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2025Vs. February 2024P25–P75 RangeListings
Studio$1,000+$5 (+0.5%)+$205 (+25.8%)$1,000 – $1,0001
Studio$1,000+$5 (+0.5%)+$205 (+25.8%)$875 – $1,1987
1BR$1,195+$45 (+3.9%)−$5 (-0.4%)$1,150 – $1,24533
1BR$1,225+$75 (+6.5%)+$25 (+2.1%)$1,163 – $1,2882
2BR$1,990+$540 (+37.2%)−$160 (-7.4%)$1,500 – $1,99045
2BR$1,650+$200 (+13.8%)−$500 (-23.3%)$1,650 – $1,6501
3BR$1,700+$5 (+0.3%)−$640 (-27.4%)$1,640 – $2,20036
3BR$2,520+$825 (+48.7%)+$180 (+7.7%)$2,520 – $2,5201
4BR$3,200+$700 (+28.0%)+$598 (+23.0%)$2,875 – $3,28711
4BR$3,230+$730 (+29.2%)+$628 (+24.1%)$3,230 – $3,2301

Median, P25, and P75 are asking rents from listings posted in February 2025. Changes compare against the nearest prior month with data.

ZIP 60402 vs. ChicagoFebruary 2025

BedroomsZIP 60402 MedianChicago Citywide MedianDifference
Studio$1,000$1,289−$289 (-22.4%)
Studio$1,000$1,289−$289 (-22.4%)
1BR$1,195$1,545−$350 (-22.7%)
1BR$1,225$1,545−$320 (-20.7%)
2BR$1,990$1,850+$140 (+7.6%)
2BR$1,650$1,850−$200 (-10.8%)
3BR$1,700$2,395−$695 (-29.0%)
3BR$2,520$2,395+$125 (+5.2%)
4BR$3,200$3,198+$2 (+0.1%)
4BR$3,230$3,198+$32 (+1.0%)

Citywide figure is the median of zip-level medians across 54 Chicago zip codes with listings in February 2025.

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