Monthly Rent Report
ZIP 60409 Rent Report — March 2023
Asking rents in ZIP 60409, Chicago, from 7 listings.
Median 1BR rent in ZIP 60409 was $895 in March 2023, down 0.6% (−$5) from February 2023 and down 0.6% year-over-year. The middle half of 1BR listings asked between $895 and $895. That puts ZIP 60409 $501 below the Chicago citywide 1BR median of $1,396. The month's figures are based on 7 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $895 | −$5 (-0.6%) | −$5 (-0.6%) | $895 – $895 | 1 |
| 2BR | $1,250 | −$99 (-7.3%) | +$25 (+2.0%) | $1,250 – $1,250 | 1 |
| 3BR | $2,145 | +$332 (+18.3%) | +$695 (+47.9%) | $2,145 – $2,145 | 1 |
| 4BR | $1,950 | — | +$50 (+2.6%) | $1,898 – $1,965 | 4 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
ZIP 60409 vs. Chicago — March 2023
| Bedrooms | ZIP 60409 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $895 | $1,396 | −$501 (-35.9%) |
| 2BR | $1,250 | $1,698 | −$447 (-26.4%) |
| 3BR | $2,145 | $2,200 | −$55 (-2.5%) |
| 4BR | $1,950 | $2,444 | −$494 (-20.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.