Monthly Rent Report
Bronzeville Rent Report — August 2022
Asking rents in ZIP 60653, Chicago, from 216 listings.
Median 1BR rent in Bronzeville was $1,335 in August 2022, down 15.8% (−$250) from July 2022 and up 3.0% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,598. That puts Bronzeville $40 above the Chicago citywide 1BR median of $1,295. The month's figures are based on 216 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $943 | +$118 (+14.2%) | −$252 (-21.1%) | $870 – $1,345 | 12 |
| Studio | $779 | −$46 (-5.6%) | −$416 (-34.8%) | $779 – $779 | 1 |
| 1BR | $1,335 | −$250 (-15.8%) | +$39 (+3.0%) | $1,300 – $1,598 | 47 |
| 1BR | $963 | −$622 (-39.2%) | −$333 (-25.7%) | $963 – $963 | 1 |
| 2BR | $1,875 | +$475 (+33.9%) | +$125 (+7.1%) | $1,431 – $1,945 | 78 |
| 2BR | $2,150 | +$750 (+53.6%) | +$400 (+22.9%) | $2,150 – $2,150 | 1 |
| 3BR | $2,600 | +$480 (+22.6%) | +$708 (+37.4%) | $2,600 – $2,600 | 1 |
| 3BR | $2,465 | +$345 (+16.3%) | +$573 (+30.3%) | $1,875 – $2,995 | 58 |
| 4BR | $2,298 | −$697 (-23.3%) | +$3 (+0.1%) | $2,163 – $2,600 | 16 |
| 4BR | $2,335 | −$660 (-22.0%) | +$40 (+1.7%) | $2,335 – $2,335 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Bronzeville vs. Chicago — August 2022
| Bedrooms | Bronzeville Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $943 | $1,095 | −$152 (-13.9%) |
| Studio | $779 | $1,095 | −$316 (-28.9%) |
| 1BR | $1,335 | $1,295 | +$40 (+3.1%) |
| 1BR | $963 | $1,295 | −$332 (-25.6%) |
| 2BR | $1,875 | $1,795 | +$80 (+4.5%) |
| 2BR | $2,150 | $1,795 | +$355 (+19.8%) |
| 3BR | $2,600 | $2,250 | +$350 (+15.6%) |
| 3BR | $2,465 | $2,250 | +$215 (+9.6%) |
| 4BR | $2,298 | $2,455 | −$157 (-6.4%) |
| 4BR | $2,335 | $2,455 | −$120 (-4.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2022.