Monthly Rent Report
ZIP 60408 Rent Report — August 2024
Asking rents in ZIP 60408, Chicago, from 2 listings.
Median 1BR rent in ZIP 60408 was $975 in August 2024, down 11.4% (−$125) from June 2024 and up 8.3% year-over-year. The middle half of 1BR listings asked between $975 and $975. That puts ZIP 60408 $563 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $975 | −$125 (-11.4%) | +$75 (+8.3%) | $975 – $975 | 1 |
| 3BR | $1,600 | — | — | $1,600 – $1,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 60408 vs. Chicago — August 2024
| Bedrooms | ZIP 60408 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $975 | $1,538 | −$563 (-36.6%) |
| 3BR | $1,600 | $2,300 | −$700 (-30.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.