Monthly Rent Report
ZIP 60406 Rent Report — November 2024
Asking rents in ZIP 60406, Chicago, from 3 listings.
Median 1BR rent in ZIP 60406 was $1,095 in November 2024, down 6.8% (−$80) from October 2024 and up 1.9% year-over-year. The middle half of 1BR listings asked between $1,095 and $1,095. That puts ZIP 60406 $480 below the Chicago citywide 1BR median of $1,575. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,095 | −$80 (-6.8%) | +$20 (+1.9%) | $1,095 – $1,095 | 1 |
| 2BR | $1,195 | −$155 (-11.5%) | −$55 (-4.4%) | $1,195 – $1,195 | 1 |
| 3BR | $1,850 | +$155 (+9.1%) | +$355 (+23.7%) | $1,850 – $1,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — November 2024
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,095 | $1,575 | −$480 (-30.5%) |
| 2BR | $1,195 | $1,945 | −$750 (-38.6%) |
| 3BR | $1,850 | $2,200 | −$350 (-15.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2024.