Monthly Rent Report
ZIP 60406 Rent Report — June 2024
Asking rents in ZIP 60406, Chicago, from 4 listings.
Median 1BR rent in ZIP 60406 was $1,150 in June 2024, up 15.6% (+$155) from May 2024 and up 36.1% year-over-year. The middle half of 1BR listings asked between $1,150 and $1,150. That puts ZIP 60406 $349 below the Chicago citywide 1BR median of $1,499. The month's figures are based on 4 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,150 | +$155 (+15.6%) | +$305 (+36.1%) | $1,150 – $1,150 | 1 |
| 2BR | $1,315 | — | +$65 (+5.2%) | $1,315 – $1,315 | 1 |
| 3BR | $1,645 | −$105 (-6.0%) | −$55 (-3.2%) | $1,645 – $1,645 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — June 2024
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,150 | $1,499 | −$349 (-23.3%) |
| 2BR | $1,315 | $1,899 | −$584 (-30.7%) |
| 3BR | $1,645 | $2,395 | −$750 (-31.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.