Monthly Rent Report
ZIP 60406 Rent Report — December 2022
Asking rents in ZIP 60406, Chicago, from 5 listings.
Median 1BR rent in ZIP 60406 was $790 in December 2022, down 4.8% (−$40) from November 2022. The middle half of 1BR listings asked between $790 and $790. That puts ZIP 60406 $555 below the Chicago citywide 1BR median of $1,345. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $673 | — | — | $671 – $674 | 2 |
| 1BR | $790 | −$40 (-4.8%) | — | $790 – $790 | 1 |
| 2BR | $1,650 | +$455 (+38.1%) | — | $1,650 – $1,650 | 1 |
| 3BR | $1,375 | −$24 (-1.7%) | — | $1,375 – $1,375 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — December 2022
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $673 | $1,050 | −$377 (-36.0%) |
| 1BR | $790 | $1,345 | −$555 (-41.3%) |
| 2BR | $1,650 | $1,675 | −$25 (-1.5%) |
| 3BR | $1,375 | $2,181 | −$806 (-37.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2022.