Monthly Rent Report
ZIP 60406 Rent Report — February 2023
Asking rents in ZIP 60406, Chicago, from 3 listings.
Median 1BR rent in ZIP 60406 was $825 in February 2023. The middle half of 1BR listings asked between $825 and $825. That puts ZIP 60406 $575 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $825 | — | — | $825 – $825 | 1 |
| 2BR | $1,100 | −$150 (-12.0%) | — | $1,100 – $1,100 | 1 |
| 3BR | $1,550 | +$25 (+1.6%) | — | $1,550 – $1,550 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — February 2023
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $825 | $1,400 | −$575 (-41.1%) |
| 2BR | $1,100 | $1,695 | −$595 (-35.1%) |
| 3BR | $1,550 | $2,188 | −$637 (-29.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.