Monthly Rent Report

ZIP 60409 Rent Report — January 2023

Asking rents in ZIP 60409, Chicago, from 4 listings.

Median 1BR rent in ZIP 60409 was $850 in January 2023, down 22.7% (−$250) from December 2022 and up 6.3% year-over-year. The middle half of 1BR listings asked between $850 and $850. That puts ZIP 60409 $500 below the Chicago citywide 1BR median of $1,350. The month's figures are based on 4 listings across 4 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. December 2022Vs. January 2022P25–P75 RangeListings
1BR$850−$250 (-22.7%)+$50 (+6.3%)$850 – $8501
2BR$1,100−$200 (-15.4%)−$5 (-0.5%)$1,100 – $1,1001
3BR$1,250−$385 (-23.5%)+$138 (+12.4%)$1,250 – $1,2501
4BR$2,400+$600 (+33.3%)$2,400 – $2,4001

Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.

ZIP 60409 vs. ChicagoJanuary 2023

BedroomsZIP 60409 MedianChicago Citywide MedianDifference
1BR$850$1,350−$500 (-37.0%)
2BR$1,100$1,698−$597 (-35.2%)
3BR$1,250$2,123−$872 (-41.1%)
4BR$2,400$2,417−$16 (-0.7%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.

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