Monthly Rent Report

ZIP 60402 Rent Report — June 2025

Asking rents in ZIP 60402, Chicago, from 40 listings.

Median 1BR rent in ZIP 60402 was $1,300 in June 2025, down 7.1% (−$100) from May 2025 and up 16.6% year-over-year. The middle half of 1BR listings asked between $1,178 and $1,750. That puts ZIP 60402 $300 below the Chicago citywide 1BR median of $1,600. The month's figures are based on 40 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2025Vs. June 2024P25–P75 RangeListings
Studio$895−$155 (-14.8%)−$5 (-0.6%)$895 – $8953
Studio$895−$155 (-14.8%)−$5 (-0.6%)$895 – $8952
1BR$1,300−$100 (-7.1%)+$185 (+16.6%)$1,178 – $1,7503
1BR$1,085−$315 (-22.5%)−$30 (-2.7%)$1,085 – $1,0851
2BR$1,300−$690 (-34.7%)−$350 (-21.2%)$1,300 – $1,3001
2BR$1,550−$440 (-22.1%)−$100 (-6.1%)$1,525 – $1,7009
3BR$2,743+$1,103 (+67.2%)+$373 (+15.7%)$2,576 – $2,9092
3BR$1,850+$210 (+12.8%)−$520 (-21.9%)$1,800 – $1,90011
4BR$1,900−$1,140 (-37.5%)−$749 (-28.3%)$1,900 – $1,9001

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

ZIP 60402 vs. ChicagoJune 2025

BedroomsZIP 60402 MedianChicago Citywide MedianDifference
Studio$895$1,325−$430 (-32.5%)
Studio$895$1,325−$430 (-32.5%)
1BR$1,300$1,600−$300 (-18.8%)
1BR$1,085$1,600−$515 (-32.2%)
2BR$1,300$1,900−$600 (-31.6%)
2BR$1,550$1,900−$350 (-18.4%)
3BR$2,743$2,400+$343 (+14.3%)
3BR$1,850$2,400−$550 (-22.9%)
4BR$1,900$3,100−$1,200 (-38.7%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2025.

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