Monthly Rent Report

ZIP 60402 Rent Report — July 2025

Asking rents in ZIP 60402, Chicago, from 112 listings.

Median 1BR rent in ZIP 60402 was $1,195 in July 2025, up 10.1% (+$110) from June 2025 and up 1.9% year-over-year. The middle half of 1BR listings asked between $1,195 and $1,195. That puts ZIP 60402 $405 below the Chicago citywide 1BR median of $1,600. The month's figures are based on 112 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2025Vs. July 2024P25–P75 RangeListings
Studio$963+$68 (+7.5%)+$13 (+1.3%)$950 – $1,0656
Studio$963+$68 (+7.5%)+$13 (+1.3%)$950 – $1,0656
1BR$1,195+$110 (+10.1%)+$23 (+1.9%)$1,195 – $1,1951
1BR$1,200+$115 (+10.6%)+$28 (+2.3%)$1,095 – $1,29523
2BR$1,700+$400 (+30.8%)+$505 (+42.3%)$1,450 – $2,20042
2BR$1,495+$195 (+15.0%)+$300 (+25.1%)$1,495 – $1,4951
3BR$2,500+$650 (+35.1%)+$885 (+54.8%)$2,450 – $2,68616
3BR$1,475−$375 (-20.3%)−$140 (-8.7%)$1,188 – $1,7632
4BR$2,945+$1,045 (+55.0%)+$296 (+11.2%)$2,945 – $2,9451
4BR$3,300+$1,400 (+73.7%)+$651 (+24.6%)$2,999 – $4,5258

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

ZIP 60402 vs. ChicagoJuly 2025

BedroomsZIP 60402 MedianChicago Citywide MedianDifference
Studio$963$1,344−$381 (-28.4%)
Studio$963$1,344−$381 (-28.4%)
1BR$1,195$1,600−$405 (-25.3%)
1BR$1,200$1,600−$400 (-25.0%)
2BR$1,700$1,961−$261 (-13.3%)
2BR$1,495$1,961−$466 (-23.8%)
3BR$2,500$2,500$0 (0.0%)
3BR$1,475$2,500−$1,025 (-41.0%)
4BR$2,945$3,044−$99 (-3.2%)
4BR$3,300$3,044+$256 (+8.4%)

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

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