Monthly Rent Report
ZIP 60409 Rent Report — January 2024
Asking rents in ZIP 60409, Chicago, from 4 listings.
Median 1BR rent in ZIP 60409 was $930 in January 2024, down 3.4% (−$32) from December 2023 and up 9.4% year-over-year. The middle half of 1BR listings asked between $930 and $930. That puts ZIP 60409 $587 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $930 | −$32 (-3.4%) | +$80 (+9.4%) | $930 – $930 | 1 |
| 2BR | $1,130 | +$80 (+7.6%) | +$30 (+2.7%) | $1,130 – $1,130 | 1 |
| 3BR | $1,295 | $0 (0.0%) | +$45 (+3.6%) | $1,295 – $1,295 | 1 |
| 4BR | $1,725 | −$175 (-9.2%) | −$675 (-28.1%) | $1,725 – $1,725 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
ZIP 60409 vs. Chicago — January 2024
| Bedrooms | ZIP 60409 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $930 | $1,517 | −$587 (-38.7%) |
| 2BR | $1,130 | $1,800 | −$670 (-37.2%) |
| 3BR | $1,295 | $2,300 | −$1,005 (-43.7%) |
| 4BR | $1,725 | $2,792 | −$1,066 (-38.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.