Monthly Rent Report
ZIP 60406 Rent Report — August 2024
Asking rents in ZIP 60406, Chicago, from 3 listings.
Median 1BR rent in ZIP 60406 was $1,095 in August 2024, down 4.8% (−$55) from July 2024 and up 9.5% year-over-year. The middle half of 1BR listings asked between $1,095 and $1,095. That puts ZIP 60406 $443 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 3 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,095 | −$55 (-4.8%) | +$95 (+9.5%) | $1,095 – $1,095 | 1 |
| 2BR | $1,258 | −$92 (-6.9%) | +$58 (+4.8%) | $1,236 – $1,279 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — August 2024
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,095 | $1,538 | −$443 (-28.8%) |
| 2BR | $1,258 | $1,823 | −$565 (-31.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.