Monthly Rent Report
ZIP 53140 Rent Report — July 2024
Asking rents in ZIP 53140, Chicago, from 10 listings.
Median 1BR rent in ZIP 53140 was $1,580 in July 2024, down 9.2% (−$160) from June 2024 and up 0.3% year-over-year. The middle half of 1BR listings asked between $1,265 and $1,683. That puts ZIP 53140 in line with the Chicago citywide 1BR median of $1,560. The month's figures are based on 10 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,580 | −$160 (-9.2%) | +$5 (+0.3%) | $1,265 – $1,683 | 8 |
| 2BR | $1,030 | −$470 (-31.3%) | +$155 (+17.7%) | $1,030 – $1,030 | 1 |
| 3BR | $1,245 | −$400 (-24.3%) | −$480 (-27.8%) | $1,245 – $1,245 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
ZIP 53140 vs. Chicago — July 2024
| Bedrooms | ZIP 53140 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,580 | $1,560 | +$20 (+1.3%) |
| 2BR | $1,030 | $1,805 | −$775 (-42.9%) |
| 3BR | $1,245 | $2,363 | −$1,117 (-47.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.