Monthly Rent Report
ZIP 60402 Rent Report — March 2025
Asking rents in ZIP 60402, Chicago, from 295 listings.
Median 1BR rent in ZIP 60402 was $1,000 in March 2025, down 16.3% (−$195) from February 2025 and down 9.1% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts ZIP 60402 $521 below the Chicago citywide 1BR median of $1,521. The month's figures are based on 295 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | −$5 (-0.5%) | +$70 (+7.6%) | $950 – $995 | 13 |
| Studio | $995 | −$5 (-0.5%) | +$70 (+7.6%) | $950 – $995 | 14 |
| 1BR | $1,000 | −$195 (-16.3%) | −$100 (-9.1%) | $1,000 – $1,000 | 1 |
| 1BR | $1,200 | +$5 (+0.4%) | +$100 (+9.1%) | $1,100 – $1,200 | 85 |
| 2BR | $1,550 | −$100 (-6.1%) | −$200 (-11.4%) | $1,550 – $1,550 | 1 |
| 2BR | $1,600 | −$50 (-3.0%) | −$150 (-8.6%) | $1,495 – $1,990 | 79 |
| 3BR | $2,495 | −$25 (-1.0%) | +$100 (+4.2%) | $2,495 – $2,495 | 1 |
| 3BR | $1,640 | −$880 (-34.9%) | −$755 (-31.5%) | $1,640 – $1,800 | 41 |
| 4BR | $3,454 | +$224 (+6.9%) | +$764 (+28.4%) | $3,374 – $3,454 | 58 |
| 4BR | $3,255 | +$25 (+0.8%) | +$565 (+21.0%) | $3,227 – $3,282 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
ZIP 60402 vs. Chicago — March 2025
| Bedrooms | ZIP 60402 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,275 | −$280 (-22.0%) |
| Studio | $995 | $1,275 | −$280 (-22.0%) |
| 1BR | $1,000 | $1,521 | −$521 (-34.3%) |
| 1BR | $1,200 | $1,521 | −$321 (-21.1%) |
| 2BR | $1,550 | $1,850 | −$300 (-16.2%) |
| 2BR | $1,600 | $1,850 | −$250 (-13.5%) |
| 3BR | $2,495 | $2,475 | +$20 (+0.8%) |
| 3BR | $1,640 | $2,475 | −$835 (-33.7%) |
| 4BR | $3,454 | $2,923 | +$532 (+18.2%) |
| 4BR | $3,255 | $2,923 | +$332 (+11.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2025.