Monthly Rent Report
ZIP 60409 Rent Report — February 2023
Asking rents in ZIP 60409, Chicago, from 5 listings.
Median 1BR rent in ZIP 60409 was $900 in February 2023, up 5.9% (+$50) from January 2023 and up 12.5% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts ZIP 60409 $500 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 5 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $900 | +$50 (+5.9%) | +$100 (+12.5%) | $900 – $900 | 3 |
| 2BR | $1,349 | +$249 (+22.6%) | +$244 (+22.1%) | $1,349 – $1,349 | 1 |
| 3BR | $1,813 | +$563 (+45.0%) | +$513 (+39.5%) | $1,813 – $1,813 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
ZIP 60409 vs. Chicago — February 2023
| Bedrooms | ZIP 60409 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $900 | $1,400 | −$500 (-35.7%) |
| 2BR | $1,349 | $1,695 | −$346 (-20.4%) |
| 3BR | $1,813 | $2,188 | −$374 (-17.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.