Monthly Rent Report
ZIP 60406 Rent Report — November 2023
Asking rents in ZIP 60406, Chicago, from 4 listings.
Median 1BR rent in ZIP 60406 was $1,075 in November 2023, up 2.4% (+$25) from October 2023 and up 29.5% year-over-year. The middle half of 1BR listings asked between $1,075 and $1,075. That puts ZIP 60406 $429 below the Chicago citywide 1BR median of $1,504. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,075 | +$25 (+2.4%) | +$245 (+29.5%) | $1,075 – $1,075 | 1 |
| 2BR | $1,250 | — | +$55 (+4.6%) | $1,250 – $1,250 | 1 |
| 3BR | $1,495 | — | +$96 (+6.9%) | $1,495 – $1,495 | 1 |
| 4BR | $2,200 | — | — | $2,200 – $2,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — November 2023
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,075 | $1,504 | −$428 (-28.5%) |
| 2BR | $1,250 | $1,800 | −$550 (-30.6%) |
| 3BR | $1,495 | $2,298 | −$802 (-34.9%) |
| 4BR | $2,200 | $2,750 | −$550 (-20.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.