Monthly Rent Report

Bronzeville Rent Report — March 2023

Asking rents in ZIP 60653, Chicago, from 310 listings.

Median 1BR rent in Bronzeville was $1,635 in March 2023, flat versus February 2023 and up 36.8% year-over-year. The middle half of 1BR listings asked between $1,635 and $1,635. That puts Bronzeville $239 above the Chicago citywide 1BR median of $1,396. The month's figures are based on 310 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2023Vs. March 2022P25–P75 RangeListings
Studio$900+$25 (+2.9%)−$1,700 (-65.4%)$830 – $1,19517
Studio$830−$45 (-5.1%)−$1,770 (-68.1%)$830 – $8301
1BR$1,635$0 (0.0%)+$440 (+36.8%)$1,635 – $1,6351
1BR$1,460−$175 (-10.7%)+$265 (+22.2%)$1,395 – $1,61839
2BR$1,650+$272 (+19.7%)−$250 (-13.2%)$1,650 – $1,6501
2BR$1,675+$297 (+21.6%)−$225 (-11.8%)$1,395 – $2,10079
3BR$1,850−$280 (-13.1%)+$175 (+10.4%)$1,825 – $1,8544
3BR$1,965−$165 (-7.7%)+$290 (+17.3%)$1,700 – $2,715110
4BR$2,250−$50 (-2.2%)+$450 (+25.0%)$1,971 – $2,50037
4BR$2,250−$50 (-2.2%)+$450 (+25.0%)$1,850 – $2,30021

Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.

Bronzeville vs. ChicagoMarch 2023

BedroomsBronzeville MedianChicago Citywide MedianDifference
Studio$900$1,204−$304 (-25.2%)
Studio$830$1,204−$374 (-31.0%)
1BR$1,635$1,396+$239 (+17.1%)
1BR$1,460$1,396+$64 (+4.6%)
2BR$1,650$1,698−$47 (-2.8%)
2BR$1,675$1,698−$22 (-1.3%)
3BR$1,850$2,200−$350 (-15.9%)
3BR$1,965$2,200−$235 (-10.7%)
4BR$2,250$2,444−$194 (-7.9%)
4BR$2,250$2,444−$194 (-7.9%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.

Advertisement