Monthly Rent Report
Bronzeville Rent Report — May 2022
Asking rents in ZIP 60653, Chicago, from 22 listings.
Median 1BR rent in Bronzeville was $1,123 in May 2022, down 19.8% (−$277) from April 2022 and down 27.5% year-over-year. The middle half of 1BR listings asked between $1,086 and $1,159. That puts Bronzeville $175 below the Chicago citywide 1BR median of $1,298. The month's figures are based on 22 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | +$525 (+77.8%) | +$240 (+25.0%) | $1,200 – $1,200 | 2 |
| 1BR | $1,123 | −$277 (-19.8%) | −$425 (-27.5%) | $1,086 – $1,159 | 2 |
| 1BR | $1,715 | +$315 (+22.5%) | +$167 (+10.8%) | $1,715 – $1,715 | 1 |
| 2BR | $1,850 | −$345 (-15.7%) | +$255 (+16.0%) | $1,850 – $1,850 | 1 |
| 2BR | $2,200 | +$5 (+0.2%) | +$605 (+37.9%) | $2,200 – $2,200 | 1 |
| 3BR | $1,661 | −$1,639 (-49.7%) | −$474 (-22.2%) | $1,661 – $1,661 | 2 |
| 3BR | $2,450 | −$850 (-25.8%) | +$315 (+14.8%) | $2,450 – $2,595 | 10 |
| 4BR | $3,800 | +$1,867 (+96.6%) | +$1,600 (+72.7%) | $3,800 – $3,800 | 1 |
| 4BR | $1,800 | −$133 (-6.9%) | −$400 (-18.2%) | $1,800 – $1,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Bronzeville vs. Chicago — May 2022
| Bedrooms | Bronzeville Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,050 | +$150 (+14.3%) |
| 1BR | $1,123 | $1,298 | −$175 (-13.5%) |
| 1BR | $1,715 | $1,298 | +$418 (+32.2%) |
| 2BR | $1,850 | $1,599 | +$251 (+15.7%) |
| 2BR | $2,200 | $1,599 | +$601 (+37.6%) |
| 3BR | $1,661 | $2,100 | −$439 (-20.9%) |
| 3BR | $2,450 | $2,100 | +$350 (+16.7%) |
| 4BR | $3,800 | $2,600 | +$1,200 (+46.2%) |
| 4BR | $1,800 | $2,600 | −$800 (-30.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2022.