Monthly Rent Report
ZIP 53140 Rent Report — August 2024
Asking rents in ZIP 53140, Chicago, from 6 listings.
Median 1BR rent in ZIP 53140 was $1,538 in August 2024, down 2.7% (−$42) from July 2024 and up 7.9% year-over-year. The middle half of 1BR listings asked between $1,319 and $1,756. That puts ZIP 53140 in line with the Chicago citywide 1BR median of $1,538. The month's figures are based on 6 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,538 | −$42 (-2.7%) | +$113 (+7.9%) | $1,319 – $1,756 | 2 |
| 2BR | $2,095 | +$1,065 (+103.4%) | +$1,208 (+136.1%) | $2,047 – $2,178 | 3 |
| 3BR | $2,605 | +$1,360 (+109.2%) | +$1,155 (+79.7%) | $2,605 – $2,605 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 53140 vs. Chicago — August 2024
| Bedrooms | ZIP 53140 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,538 | $1,538 | $0 (-0.0%) |
| 2BR | $2,095 | $1,823 | +$273 (+15.0%) |
| 3BR | $2,605 | $2,300 | +$305 (+13.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.