Monthly Rent Report
ZIP 60406 Rent Report — September 2023
Asking rents in ZIP 60406, Chicago, from 3 listings.
Median 1BR rent in ZIP 60406 was $1,050 in September 2023, up 5.0% (+$50) from August 2023 and up 32.1% year-over-year. The middle half of 1BR listings asked between $1,050 and $1,050. That puts ZIP 60406 $400 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,050 | +$50 (+5.0%) | +$255 (+32.1%) | $1,050 – $1,050 | 1 |
| 2BR | $1,300 | +$100 (+8.3%) | +$100 (+8.3%) | $1,300 – $1,300 | 1 |
| 3BR | $1,350 | $0 (0.0%) | — | $1,350 – $1,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — September 2023
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,050 | $1,450 | −$400 (-27.6%) |
| 2BR | $1,300 | $1,738 | −$437 (-25.2%) |
| 3BR | $1,350 | $2,327 | −$977 (-42.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.