Monthly Rent Report
ZIP 53140 Rent Report — January 2024
Asking rents in ZIP 53140, Chicago, from 10 listings.
Median 1BR rent in ZIP 53140 was $1,663 in January 2024, up 72.3% (+$698) from December 2023 and up 84.7% year-over-year. The middle half of 1BR listings asked between $1,361 and $1,806. That puts ZIP 53140 $146 above the Chicago citywide 1BR median of $1,517. The month's figures are based on 10 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | — | +$755 (+95.0%) | $1,550 – $1,550 | 1 |
| 1BR | $1,663 | +$698 (+72.3%) | +$763 (+84.7%) | $1,361 – $1,806 | 4 |
| 2BR | $2,273 | +$978 (+75.5%) | +$1,073 (+89.4%) | $2,148 – $2,380 | 4 |
| 3BR | $1,350 | +$200 (+17.4%) | +$410 (+43.6%) | $1,350 – $1,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
ZIP 53140 vs. Chicago — January 2024
| Bedrooms | ZIP 53140 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,225 | +$325 (+26.5%) |
| 1BR | $1,663 | $1,517 | +$146 (+9.6%) |
| 2BR | $2,273 | $1,800 | +$473 (+26.3%) |
| 3BR | $1,350 | $2,300 | −$950 (-41.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.