Monthly Rent Report
ZIP 60406 Rent Report — July 2024
Asking rents in ZIP 60406, Chicago, from 3 listings.
Median 1BR rent in ZIP 60406 was $1,150 in July 2024, flat versus June 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 $410 below the Chicago citywide 1BR median of $1,560. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,150 | $0 (0.0%) | +$325 (+39.4%) | $1,150 – $1,150 | 1 |
| 2BR | $1,350 | +$35 (+2.7%) | +$85 (+6.7%) | $1,350 – $1,350 | 1 |
| 3BR | $1,645 | $0 (0.0%) | +$246 (+17.6%) | $1,645 – $1,645 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — July 2024
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,150 | $1,560 | −$410 (-26.3%) |
| 2BR | $1,350 | $1,805 | −$455 (-25.2%) |
| 3BR | $1,645 | $2,363 | −$717 (-30.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.