Monthly Rent Report
ZIP 60406 Rent Report — July 2022
Asking rents in ZIP 60406, Chicago, from 2 listings.
Median 1BR rent in ZIP 60406 was $1,100 in July 2022, up 22.4% (+$201) from June 2022 and up 32.9% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,100. That puts ZIP 60406 $125 below the Chicago citywide 1BR median of $1,225. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,100 | +$201 (+22.4%) | +$273 (+32.9%) | $1,100 – $1,100 | 1 |
| 2BR | $1,250 | $0 (0.0%) | +$105 (+9.2%) | $1,250 – $1,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — July 2022
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,100 | $1,225 | −$125 (-10.2%) |
| 2BR | $1,250 | $1,695 | −$445 (-26.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2022.