Monthly Rent Report
ZIP 53140 Rent Report — September 2023
Asking rents in ZIP 53140, Chicago, from 8 listings.
Median 1BR rent in ZIP 53140 was $1,650 in September 2023, up 15.8% (+$225) from August 2023 and up 120.0% year-over-year. The middle half of 1BR listings asked between $1,588 and $1,688. That puts ZIP 53140 $200 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 8 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $805 | +$85 (+11.8%) | — | $805 – $805 | 1 |
| 1BR | $1,650 | +$225 (+15.8%) | +$900 (+120.0%) | $1,588 – $1,688 | 3 |
| 2BR | $875 | −$12 (-1.4%) | $0 (0.0%) | $875 – $875 | 1 |
| 3BR | $1,638 | +$188 (+12.9%) | −$357 (-17.9%) | $1,594 – $1,681 | 2 |
| 4BR | $1,550 | — | — | $1,550 – $1,550 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
ZIP 53140 vs. Chicago — September 2023
| Bedrooms | ZIP 53140 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $805 | $1,238 | −$432 (-34.9%) |
| 1BR | $1,650 | $1,450 | +$200 (+13.8%) |
| 2BR | $875 | $1,738 | −$862 (-49.6%) |
| 3BR | $1,638 | $2,327 | −$689 (-29.6%) |
| 4BR | $1,550 | $2,783 | −$1,233 (-44.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.