Monthly Rent Report
ZIP 60406 Rent Report — January 2024
Asking rents in ZIP 60406, Chicago, from 5 listings.
Median 1BR rent in ZIP 60406 was $995 in January 2024. The middle half of 1BR listings asked between $995 and $995. That puts ZIP 60406 $522 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $995 | — | — | $995 – $995 | 2 |
| 2BR | $1,300 | +$88 (+7.2%) | +$50 (+4.0%) | $1,300 – $1,300 | 1 |
| 3BR | $1,695 | — | +$170 (+11.1%) | $1,695 – $1,695 | 1 |
| 4BR | $2,200 | — | — | $2,200 – $2,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — January 2024
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $995 | $1,517 | −$522 (-34.4%) |
| 2BR | $1,300 | $1,800 | −$500 (-27.8%) |
| 3BR | $1,695 | $2,300 | −$605 (-26.3%) |
| 4BR | $2,200 | $2,792 | −$591 (-21.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.