Monthly Rent Report
ZIP 60406 Rent Report — May 2022
Asking rents in ZIP 60406, Chicago, from 4 listings.
Median 1BR rent in ZIP 60406 was $790 in May 2022, flat versus April 2022. The middle half of 1BR listings asked between $790 and $790. That puts ZIP 60406 $508 below the Chicago citywide 1BR median of $1,298. The month's figures are based on 4 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $790 | $0 (0.0%) | — | $790 – $790 | 1 |
| 2BR | $1,198 | — | +$98 (+8.9%) | $1,196 – $1,199 | 2 |
| 3BR | $1,350 | — | — | $1,350 – $1,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — May 2022
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $790 | $1,298 | −$507 (-39.1%) |
| 2BR | $1,198 | $1,599 | −$401 (-25.1%) |
| 3BR | $1,350 | $2,100 | −$750 (-35.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2022.