Monthly Rent Report
ZIP 60406 Rent Report — December 2023
Asking rents in ZIP 60406, Chicago, from 3 listings.
Median 2BR rent in ZIP 60406 was $1,213 in December 2023, down 3.0% (−$37) from November 2023 and down 26.5% year-over-year. The middle half of 2BR listings asked between $1,156 and $1,269. That puts ZIP 60406 $588 below the Chicago citywide 2BR median of $1,800. The month's figures are based on 3 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $695 | — | +$23 (+3.3%) | $695 – $695 | 1 |
| 2BR | $1,213 | −$37 (-3.0%) | −$437 (-26.5%) | $1,156 – $1,269 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — December 2023
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $695 | $1,218 | −$522 (-42.9%) |
| 2BR | $1,213 | $1,800 | −$587 (-32.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.