Monthly Rent Report
Bronzeville Rent Report — February 2023
Asking rents in ZIP 60653, Chicago, from 348 listings.
Median 1BR rent in Bronzeville was $1,375 in February 2023, up 22.8% (+$255) from January 2023 and up 15.1% year-over-year. The middle half of 1BR listings asked between $1,195 and $1,575. That puts Bronzeville $25 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 348 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $830 | $0 (0.0%) | −$395 (-32.2%) | $830 – $830 | 1 |
| Studio | $875 | +$45 (+5.4%) | −$350 (-28.6%) | $830 – $1,050 | 17 |
| 1BR | $1,375 | +$255 (+22.8%) | +$180 (+15.1%) | $1,195 – $1,575 | 39 |
| 1BR | $1,635 | +$515 (+46.0%) | +$440 (+36.8%) | $1,605 – $1,640 | 3 |
| 2BR | $1,400 | −$197 (-12.3%) | +$8 (+0.6%) | $1,400 – $1,400 | 2 |
| 2BR | $1,378 | −$219 (-13.7%) | −$14 (-1.0%) | $1,234 – $1,800 | 120 |
| 3BR | $2,130 | −$165 (-7.2%) | +$180 (+9.2%) | $2,115 – $2,145 | 2 |
| 3BR | $1,740 | −$555 (-24.2%) | −$210 (-10.8%) | $1,515 – $2,500 | 101 |
| 4BR | $2,300 | +$350 (+17.9%) | +$367 (+19.0%) | $1,850 – $2,800 | 58 |
| 4BR | $2,450 | +$500 (+25.6%) | +$517 (+26.7%) | $2,450 – $2,450 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Bronzeville vs. Chicago — February 2023
| Bedrooms | Bronzeville Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $830 | $1,149 | −$319 (-27.7%) |
| Studio | $875 | $1,149 | −$274 (-23.8%) |
| 1BR | $1,375 | $1,400 | −$25 (-1.8%) |
| 1BR | $1,635 | $1,400 | +$235 (+16.8%) |
| 2BR | $1,400 | $1,695 | −$295 (-17.4%) |
| 2BR | $1,378 | $1,695 | −$317 (-18.7%) |
| 3BR | $2,130 | $2,188 | −$57 (-2.6%) |
| 3BR | $1,740 | $2,188 | −$447 (-20.5%) |
| 4BR | $2,300 | $2,393 | −$92 (-3.9%) |
| 4BR | $2,450 | $2,393 | +$58 (+2.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.