Monthly Rent Report
ZIP 53140 Rent Report — May 2024
Asking rents in ZIP 53140, Chicago, from 4 listings.
Median 1BR rent in ZIP 53140 was $1,000 in May 2024, down 41.2% (−$700) from April 2024 and down 24.4% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts ZIP 53140 $503 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | +$565 (+67.7%) | +$75 (+5.7%) | $1,400 – $1,400 | 1 |
| 1BR | $1,000 | −$700 (-41.2%) | −$322 (-24.4%) | $1,000 – $1,000 | 1 |
| 2BR | $2,225 | +$1,100 (+97.8%) | +$1,025 (+85.4%) | $2,225 – $2,225 | 1 |
| 3BR | $1,995 | −$800 (-28.6%) | +$500 (+33.4%) | $1,995 – $1,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 53140 vs. Chicago — May 2024
| Bedrooms | ZIP 53140 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,196 | +$204 (+17.1%) |
| 1BR | $1,000 | $1,503 | −$502 (-33.4%) |
| 2BR | $2,225 | $1,825 | +$400 (+21.9%) |
| 3BR | $1,995 | $2,236 | −$241 (-10.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.