Monthly Rent Report
ZIP 53140 Rent Report — March 2024
Asking rents in ZIP 53140, Chicago, from 7 listings.
Median 1BR rent in ZIP 53140 was $750 in March 2024, down 50.0% (−$750) from February 2024 and down 11.8% year-over-year. The middle half of 1BR listings asked between $750 and $750. That puts ZIP 53140 $755 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 7 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $835 | +$85 (+11.3%) | +$40 (+5.0%) | $835 – $835 | 1 |
| 1BR | $750 | −$750 (-50.0%) | −$100 (-11.8%) | $750 – $750 | 4 |
| 2BR | $1,650 | +$450 (+37.5%) | +$350 (+26.9%) | $1,650 – $1,650 | 1 |
| 3BR | $1,000 | −$800 (-44.4%) | −$700 (-41.2%) | $1,000 – $1,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
ZIP 53140 vs. Chicago — March 2024
| Bedrooms | ZIP 53140 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $835 | $1,225 | −$390 (-31.8%) |
| 1BR | $750 | $1,505 | −$754 (-50.1%) |
| 2BR | $1,650 | $1,900 | −$250 (-13.2%) |
| 3BR | $1,000 | $2,250 | −$1,250 (-55.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.