Monthly Rent Report
ZIP 60409 Rent Report — August 2023
Asking rents in ZIP 60409, Chicago, from 5 listings.
Median 1BR rent in ZIP 60409 was $1,155 in August 2023, up 31.3% (+$275) from July 2023. The middle half of 1BR listings asked between $1,155 and $1,155. That puts ZIP 60409 $365 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,155 | +$275 (+31.3%) | — | $1,155 – $1,155 | 1 |
| 2BR | $925 | −$75 (-7.5%) | −$175 (-15.9%) | $925 – $925 | 1 |
| 3BR | $1,633 | −$72 (-4.3%) | −$467 (-22.3%) | $1,599 – $1,666 | 2 |
| 4BR | $2,500 | — | — | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 60409 vs. Chicago — August 2023
| Bedrooms | ZIP 60409 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,155 | $1,520 | −$365 (-24.0%) |
| 2BR | $925 | $1,808 | −$882 (-48.8%) |
| 3BR | $1,633 | $2,395 | −$762 (-31.8%) |
| 4BR | $2,500 | $2,692 | −$192 (-7.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.