Monthly Rent Report
ZIP 60406 Rent Report — September 2022
Asking rents in ZIP 60406, Chicago, from 3 listings.
Median 1BR rent in ZIP 60406 was $795 in September 2022, down 17.6% (−$170) from August 2022. The middle half of 1BR listings asked between $795 and $795. That puts ZIP 60406 $505 below the Chicago citywide 1BR median of $1,300. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $675 | — | — | $675 – $675 | 1 |
| 1BR | $795 | −$170 (-17.6%) | — | $795 – $795 | 1 |
| 2BR | $1,200 | +$125 (+11.6%) | — | $1,200 – $1,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — September 2022
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $675 | $1,050 | −$375 (-35.7%) |
| 1BR | $795 | $1,300 | −$505 (-38.8%) |
| 2BR | $1,200 | $1,550 | −$350 (-22.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2022.