Monthly Rent Report
ZIP 60409 Rent Report — March 2024
Asking rents in ZIP 60409, Chicago, from 5 listings.
Median 1BR rent in ZIP 60409 was $970 in March 2024, down 16.6% (−$192) from February 2024 and up 8.4% year-over-year. The middle half of 1BR listings asked between $970 and $970. That puts ZIP 60409 $535 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $970 | −$192 (-16.6%) | +$75 (+8.4%) | $970 – $970 | 2 |
| 2BR | $1,500 | +$425 (+39.5%) | +$250 (+20.0%) | $1,500 – $1,500 | 1 |
| 3BR | $1,995 | +$595 (+42.5%) | −$150 (-7.0%) | $1,995 – $1,995 | 1 |
| 4BR | $1,630 | −$270 (-14.2%) | −$320 (-16.4%) | $1,630 – $1,630 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
ZIP 60409 vs. Chicago — March 2024
| Bedrooms | ZIP 60409 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $970 | $1,505 | −$534 (-35.5%) |
| 2BR | $1,500 | $1,900 | −$400 (-21.1%) |
| 3BR | $1,995 | $2,250 | −$255 (-11.3%) |
| 4BR | $1,630 | $2,650 | −$1,020 (-38.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.