Monthly Rent Report

ZIP 60406 Rent Report — September 2024

Asking rents in ZIP 60406, Chicago, from 3 listings.

Median 1BR rent in ZIP 60406 was $1,095 in September 2024, flat versus August 2024 and up 4.3% year-over-year. The middle half of 1BR listings asked between $1,095 and $1,095. That puts ZIP 60406 $400 below the Chicago citywide 1BR median of $1,495. The month's figures are based on 3 listings across 3 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2024Vs. September 2023P25–P75 RangeListings
1BR$1,095$0 (0.0%)+$45 (+4.3%)$1,095 – $1,0951
2BR$1,350+$93 (+7.4%)+$50 (+3.8%)$1,350 – $1,3501
3BR$1,400+$50 (+3.7%)$1,400 – $1,4001

Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.

ZIP 60406 vs. ChicagoSeptember 2024

BedroomsZIP 60406 MedianChicago Citywide MedianDifference
1BR$1,095$1,495−$400 (-26.8%)
2BR$1,350$1,843−$492 (-26.7%)
3BR$1,400$2,350−$950 (-40.4%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.

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