Monthly Rent Report
ZIP 60416 Rent Report — May 2024
Asking rents in ZIP 60416, Chicago, from 1 listing.
Median 1BR rent in ZIP 60416 was $1,000 in May 2024 and up 17.6% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts ZIP 60416 $503 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 1 listing across 1 bedroom category.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,000 | — | +$150 (+17.6%) | $1,000 – $1,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 60416 vs. Chicago — May 2024
| Bedrooms | ZIP 60416 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,000 | $1,503 | −$502 (-33.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.