Monthly Rent Report
ZIP 60409 Rent Report — May 2024
Asking rents in ZIP 60409, Chicago, from 4 listings.
Median 1BR rent in ZIP 60409 was $1,013 in May 2024, up 4.1% (+$40) from April 2024 and down 3.6% year-over-year. The middle half of 1BR listings asked between $969 and $1,056. That puts ZIP 60409 $490 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 4 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,013 | +$40 (+4.1%) | −$37 (-3.6%) | $969 – $1,056 | 2 |
| 3BR | $1,100 | −$580 (-34.5%) | −$545 (-33.1%) | $1,100 – $1,100 | 1 |
| 4BR | $1,975 | −$142 (-6.7%) | −$310 (-13.6%) | $1,975 – $1,975 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60409 vs. Chicago — May 2024
| Bedrooms | ZIP 60409 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,013 | $1,503 | −$490 (-32.6%) |
| 3BR | $1,100 | $2,236 | −$1,136 (-50.8%) |
| 4BR | $1,975 | $2,725 | −$750 (-27.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.