Monthly Rent Report
ZIP 60406 Rent Report — November 2022
Asking rents in ZIP 60406, Chicago, from 4 listings.
Median 1BR rent in ZIP 60406 was $830 in November 2022 and up 5.7% year-over-year. The middle half of 1BR listings asked between $828 and $833. That puts ZIP 60406 $570 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 4 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $830 | — | +$45 (+5.7%) | $828 – $833 | 2 |
| 2BR | $1,195 | +$200 (+20.1%) | — | $1,195 – $1,195 | 1 |
| 3BR | $1,399 | — | — | $1,399 – $1,399 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — November 2022
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $830 | $1,400 | −$570 (-40.7%) |
| 2BR | $1,195 | $1,700 | −$505 (-29.7%) |
| 3BR | $1,399 | $2,100 | −$701 (-33.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2022.