Monthly Rent Report
ZIP 53140 Rent Report — August 2023
Asking rents in ZIP 53140, Chicago, from 9 listings.
Median 1BR rent in ZIP 53140 was $1,425 in August 2023, down 9.5% (−$150) from July 2023 and up 100.0% year-over-year. The middle half of 1BR listings asked between $1,425 and $1,550. That puts ZIP 53140 $95 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 9 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $720 | −$530 (-42.4%) | −$85 (-10.6%) | $720 – $720 | 1 |
| 1BR | $1,425 | −$150 (-9.5%) | +$713 (+100.0%) | $1,425 – $1,550 | 3 |
| 2BR | $888 | +$13 (+1.4%) | −$262 (-22.8%) | $850 – $994 | 4 |
| 3BR | $1,450 | −$275 (-15.9%) | −$645 (-30.8%) | $1,450 – $1,450 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 53140 vs. Chicago — August 2023
| Bedrooms | ZIP 53140 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $720 | $1,250 | −$530 (-42.4%) |
| 1BR | $1,425 | $1,520 | −$95 (-6.3%) |
| 2BR | $888 | $1,808 | −$920 (-50.9%) |
| 3BR | $1,450 | $2,395 | −$945 (-39.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.