Monthly Rent Report
ZIP 60406 Rent Report — August 2021
Asking rents in ZIP 60406, Chicago, from 3 listings.
Median 1BR rent in ZIP 60406 was $770 in August 2021, down 6.9% (−$57) from July 2021. The middle half of 1BR listings asked between $770 and $770. That puts ZIP 60406 $428 below the Chicago citywide 1BR median of $1,198. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $770 | −$57 (-6.9%) | — | $770 – $770 | 1 |
| 2BR | $1,000 | −$145 (-12.7%) | — | $1,000 – $1,000 | 1 |
| 3BR | $1,300 | — | — | $1,300 – $1,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — August 2021
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $770 | $1,198 | −$427 (-35.7%) |
| 2BR | $1,000 | $1,498 | −$497 (-33.2%) |
| 3BR | $1,300 | $2,000 | −$700 (-35.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2021.