Monthly Rent Report
ZIP 60416 Rent Report — May 2023
Asking rents in ZIP 60416, Chicago, from 1 listing.
Median 1BR rent in ZIP 60416 was $850 in May 2023. The middle half of 1BR listings asked between $850 and $850. That puts ZIP 60416 $550 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 1 listing across 1 bedroom category.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $850 | — | — | $850 – $850 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 60416 vs. Chicago — May 2023
| Bedrooms | ZIP 60416 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $850 | $1,400 | −$550 (-39.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.