Monthly Rent Report
ZIP 53140 Rent Report — October 2023
Asking rents in ZIP 53140, Chicago, from 5 listings.
Median 1BR rent in ZIP 53140 was $905 in October 2023, down 45.2% (−$745) from September 2023 and up 13.1% year-over-year. The middle half of 1BR listings asked between $905 and $905. That puts ZIP 53140 $570 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $805 | $0 (0.0%) | $0 (0.0%) | $805 – $805 | 1 |
| 1BR | $905 | −$745 (-45.2%) | +$105 (+13.1%) | $905 – $905 | 1 |
| 2BR | $1,200 | +$325 (+37.1%) | +$195 (+19.4%) | $1,200 – $1,200 | 1 |
| 3BR | $1,298 | −$340 (-20.8%) | −$102 (-7.3%) | $1,296 – $1,299 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
ZIP 53140 vs. Chicago — October 2023
| Bedrooms | ZIP 53140 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $805 | $1,200 | −$395 (-32.9%) |
| 1BR | $905 | $1,475 | −$570 (-38.6%) |
| 2BR | $1,200 | $1,800 | −$600 (-33.3%) |
| 3BR | $1,298 | $2,450 | −$1,152 (-47.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.