Monthly Rent Report
ZIP 60406 Rent Report — February 2024
Asking rents in ZIP 60406, Chicago, from 2 listings.
Median 1BR rent in ZIP 60406 was $1,150 in February 2024, up 15.6% (+$155) from January 2024 and up 39.4% year-over-year. The middle half of 1BR listings asked between $1,150 and $1,150. That puts ZIP 60406 $350 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,150 | +$155 (+15.6%) | +$325 (+39.4%) | $1,150 – $1,150 | 1 |
| 2BR | $1,195 | −$105 (-8.1%) | +$95 (+8.6%) | $1,195 – $1,195 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — February 2024
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,150 | $1,500 | −$350 (-23.3%) |
| 2BR | $1,195 | $1,813 | −$617 (-34.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.