Monthly Rent Report
ZIP 60406 Rent Report — March 2023
Asking rents in ZIP 60406, Chicago, from 3 listings.
Median 1BR rent in ZIP 60406 was $835 in March 2023, up 1.2% (+$10) from February 2023. The middle half of 1BR listings asked between $835 and $835. That puts ZIP 60406 $561 below the Chicago citywide 1BR median of $1,396. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $835 | +$10 (+1.2%) | — | $835 – $835 | 1 |
| 2BR | $1,350 | +$250 (+22.7%) | +$235 (+21.1%) | $1,350 – $1,350 | 1 |
| 3BR | $3,000 | +$1,450 (+93.5%) | — | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — March 2023
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $835 | $1,396 | −$561 (-40.2%) |
| 2BR | $1,350 | $1,698 | −$347 (-20.5%) |
| 3BR | $3,000 | $2,200 | +$800 (+36.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.