Monthly Rent Report
ZIP 60406 Rent Report — January 2023
Asking rents in ZIP 60406, Chicago, from 2 listings.
Median 2BR rent in ZIP 60406 was $1,250 in January 2023, down 24.2% (−$400) from December 2022 and up 4.2% year-over-year. The middle half of 2BR listings asked between $1,250 and $1,250. That puts ZIP 60406 $448 below the Chicago citywide 2BR median of $1,698. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $1,250 | −$400 (-24.2%) | +$50 (+4.2%) | $1,250 – $1,250 | 1 |
| 3BR | $1,525 | +$150 (+10.9%) | — | $1,525 – $1,525 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — January 2023
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 2BR | $1,250 | $1,698 | −$447 (-26.4%) |
| 3BR | $1,525 | $2,123 | −$597 (-28.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.