Monthly Rent Report
ZIP 60406 Rent Report — April 2023
Asking rents in ZIP 60406, Chicago, from 3 listings.
Median 1BR rent in ZIP 60406 was $1,100 in April 2023, up 31.7% (+$265) from March 2023 and up 39.2% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,100. That puts ZIP 60406 $325 below the Chicago citywide 1BR median of $1,425. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $690 | — | — | $690 – $690 | 1 |
| 1BR | $1,100 | +$265 (+31.7%) | +$310 (+39.2%) | $1,100 – $1,100 | 1 |
| 2BR | $995 | −$355 (-26.3%) | — | $995 – $995 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — April 2023
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $690 | $1,195 | −$505 (-42.3%) |
| 1BR | $1,100 | $1,425 | −$325 (-22.8%) |
| 2BR | $995 | $1,725 | −$730 (-42.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.