Monthly Rent Report
ZIP 60409 Rent Report — May 2022
Asking rents in ZIP 60409, Chicago, from 7 listings.
Median 1BR rent in ZIP 60409 was $900 in May 2022, down 15.1% (−$160) from April 2022 and up 5.9% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts ZIP 60409 $398 below the Chicago citywide 1BR median of $1,298. The month's figures are based on 7 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $700 | — | — | $700 – $700 | 2 |
| 1BR | $900 | −$160 (-15.1%) | +$50 (+5.9%) | $900 – $900 | 1 |
| 2BR | $1,050 | −$250 (-19.2%) | −$200 (-16.0%) | $1,050 – $1,050 | 1 |
| 3BR | $1,705 | +$60 (+3.6%) | — | $1,515 – $1,895 | 2 |
| 4BR | $1,500 | −$245 (-14.0%) | — | $1,500 – $1,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
ZIP 60409 vs. Chicago — May 2022
| Bedrooms | ZIP 60409 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $700 | $1,050 | −$350 (-33.3%) |
| 1BR | $900 | $1,298 | −$397 (-30.6%) |
| 2BR | $1,050 | $1,599 | −$549 (-34.3%) |
| 3BR | $1,705 | $2,100 | −$395 (-18.8%) |
| 4BR | $1,500 | $2,600 | −$1,100 (-42.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2022.