Monthly Rent Report
ZIP 60409 Rent Report — December 2023
Asking rents in ZIP 60409, Chicago, from 5 listings.
Median 1BR rent in ZIP 60409 was $963 in December 2023, down 12.1% (−$132) from November 2023 and down 12.5% year-over-year. The middle half of 1BR listings asked between $956 and $969. That puts ZIP 60409 $493 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $963 | −$132 (-12.1%) | −$137 (-12.5%) | $956 – $969 | 2 |
| 2BR | $1,050 | −$400 (-27.6%) | −$250 (-19.2%) | $1,050 – $1,050 | 1 |
| 3BR | $1,295 | +$120 (+10.2%) | −$340 (-20.8%) | $1,295 – $1,295 | 1 |
| 4BR | $1,900 | +$175 (+10.1%) | +$100 (+5.6%) | $1,900 – $1,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
ZIP 60409 vs. Chicago — December 2023
| Bedrooms | ZIP 60409 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $963 | $1,455 | −$492 (-33.8%) |
| 2BR | $1,050 | $1,800 | −$750 (-41.7%) |
| 3BR | $1,295 | $2,472 | −$1,177 (-47.6%) |
| 4BR | $1,900 | $2,630 | −$730 (-27.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.