Monthly Rent Report
ZIP 60402 Rent Report — August 2025
Asking rents in ZIP 60402, Chicago, from 271 listings.
Median 1BR rent in ZIP 60402 was $1,150 in August 2025, down 3.8% (−$45) from July 2025 and up 24.3% year-over-year. The middle half of 1BR listings asked between $1,075 and $1,295. That puts ZIP 60402 $431 below the Chicago citywide 1BR median of $1,581. The month's figures are based on 271 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2025 | Vs. August 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $975 | +$13 (+1.3%) | −$20 (-2.0%) | $963 – $975 | 3 |
| Studio | $975 | +$13 (+1.3%) | −$20 (-2.0%) | $950 – $975 | 21 |
| 1BR | $1,150 | −$45 (-3.8%) | +$225 (+24.3%) | $1,075 – $1,295 | 81 |
| 1BR | $1,123 | −$72 (-6.1%) | +$198 (+21.4%) | $1,036 – $1,209 | 2 |
| 2BR | $1,200 | −$500 (-29.4%) | −$450 (-27.3%) | $1,200 – $1,200 | 1 |
| 2BR | $1,990 | +$290 (+17.1%) | +$340 (+20.6%) | $1,550 – $2,100 | 78 |
| 3BR | $1,850 | +$375 (+25.4%) | −$875 (-32.1%) | $1,850 – $1,850 | 1 |
| 3BR | $2,200 | +$725 (+49.2%) | −$525 (-19.3%) | $1,800 – $2,630 | 71 |
| 4BR | $4,000 | +$700 (+21.2%) | +$1,135 (+39.6%) | $4,000 – $4,000 | 1 |
| 4BR | $4,000 | +$700 (+21.2%) | +$1,135 (+39.6%) | $4,000 – $4,000 | 6 |
Median, P25, and P75 are asking rents from listings posted in August 2025. Changes compare against the nearest prior month with data.
ZIP 60402 vs. Chicago — August 2025
| Bedrooms | ZIP 60402 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $975 | $1,350 | −$375 (-27.8%) |
| Studio | $975 | $1,350 | −$375 (-27.8%) |
| 1BR | $1,150 | $1,581 | −$431 (-27.3%) |
| 1BR | $1,123 | $1,581 | −$458 (-29.0%) |
| 2BR | $1,200 | $1,880 | −$680 (-36.2%) |
| 2BR | $1,990 | $1,880 | +$110 (+5.9%) |
| 3BR | $1,850 | $2,475 | −$625 (-25.3%) |
| 3BR | $2,200 | $2,475 | −$275 (-11.1%) |
| 4BR | $4,000 | $3,180 | +$820 (+25.8%) |
| 4BR | $4,000 | $3,180 | +$820 (+25.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2025.