Monthly Rent Report
ZIP 60409 Rent Report — October 2023
Asking rents in ZIP 60409, Chicago, from 10 listings.
Median 1BR rent in ZIP 60409 was $800 in October 2023, down 30.7% (−$355) from September 2023 and down 27.2% year-over-year. The middle half of 1BR listings asked between $800 and $800. That puts ZIP 60409 $675 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 10 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $800 | −$355 (-30.7%) | −$299 (-27.2%) | $800 – $800 | 1 |
| 2BR | $1,320 | −$38 (-2.8%) | −$79 (-5.6%) | $1,320 – $1,320 | 6 |
| 3BR | $1,705 | +$5 (+0.3%) | −$20 (-1.2%) | $1,705 – $1,705 | 1 |
| 4BR | $1,695 | −$505 (-23.0%) | +$120 (+7.6%) | $1,695 – $1,695 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
ZIP 60409 vs. Chicago — October 2023
| Bedrooms | ZIP 60409 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $800 | $1,475 | −$675 (-45.8%) |
| 2BR | $1,320 | $1,800 | −$480 (-26.7%) |
| 3BR | $1,705 | $2,450 | −$745 (-30.4%) |
| 4BR | $1,695 | $2,575 | −$880 (-34.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.