Monthly Rent Report
ZIP 60406 Rent Report — December 2024
Asking rents in ZIP 60406, Chicago, from 5 listings.
Median 1BR rent in ZIP 60406 was $1,150 in December 2024, up 5.0% (+$55) from November 2024. The middle half of 1BR listings asked between $1,150 and $1,150. That puts ZIP 60406 $500 below the Chicago citywide 1BR median of $1,650. The month's figures are based on 5 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,150 | +$55 (+5.0%) | — | $1,150 – $1,150 | 1 |
| 2BR | $1,455 | +$260 (+21.8%) | +$243 (+20.0%) | $1,410 – $1,455 | 3 |
| 3BR | $1,695 | −$155 (-8.4%) | — | $1,695 – $1,695 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
ZIP 60406 vs. Chicago — December 2024
| Bedrooms | ZIP 60406 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,150 | $1,650 | −$500 (-30.3%) |
| 2BR | $1,455 | $1,953 | −$497 (-25.5%) |
| 3BR | $1,695 | $2,395 | −$700 (-29.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.