Monthly Rent Report
ZIP 60409 Rent Report — February 2024
Asking rents in ZIP 60409, Chicago, from 5 listings.
Median 1BR rent in ZIP 60409 was $1,163 in February 2024, up 25.0% (+$233) from January 2024 and up 29.2% year-over-year. The middle half of 1BR listings asked between $1,069 and $1,256. That puts ZIP 60409 $338 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,163 | +$233 (+25.0%) | +$263 (+29.2%) | $1,069 – $1,256 | 2 |
| 2BR | $1,075 | −$55 (-4.9%) | −$274 (-20.3%) | $1,075 – $1,075 | 1 |
| 3BR | $1,400 | +$105 (+8.1%) | −$413 (-22.8%) | $1,400 – $1,400 | 1 |
| 4BR | $1,900 | +$175 (+10.1%) | — | $1,900 – $1,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
ZIP 60409 vs. Chicago — February 2024
| Bedrooms | ZIP 60409 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,163 | $1,500 | −$337 (-22.5%) |
| 2BR | $1,075 | $1,813 | −$737 (-40.7%) |
| 3BR | $1,400 | $2,300 | −$900 (-39.1%) |
| 4BR | $1,900 | $2,792 | −$891 (-31.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.