Monthly Rent Report
ZIP 53140 Rent Report — February 2024
Asking rents in ZIP 53140, Chicago, from 4 listings.
Median 1BR rent in ZIP 53140 was $1,500 in February 2024, down 9.8% (−$162) from January 2024 and down 9.9% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts ZIP 53140 in line with the Chicago citywide 1BR median of $1,500. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $750 | −$800 (-51.6%) | −$575 (-43.4%) | $750 – $750 | 1 |
| 1BR | $1,500 | −$162 (-9.8%) | −$165 (-9.9%) | $1,500 – $1,500 | 1 |
| 2BR | $1,200 | −$1,072 (-47.2%) | +$325 (+37.1%) | $1,200 – $1,200 | 1 |
| 3BR | $1,800 | +$450 (+33.3%) | −$200 (-10.0%) | $1,800 – $1,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
ZIP 53140 vs. Chicago — February 2024
| Bedrooms | ZIP 53140 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $750 | $1,211 | −$461 (-38.1%) |
| 1BR | $1,500 | $1,500 | $0 (0.0%) |
| 2BR | $1,200 | $1,813 | −$612 (-33.8%) |
| 3BR | $1,800 | $2,300 | −$500 (-21.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.