Monthly Rent Report
Bronzeville Rent Report — July 2023
Asking rents in ZIP 60653, Chicago, from 105 listings.
Median 1BR rent in Bronzeville was $1,350 in July 2023, down 7.8% (−$115) from June 2023 and up 3.8% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,425. That puts Bronzeville $100 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 105 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $795 | −$305 (-27.7%) | −$30 (-3.6%) | $795 – $900 | 5 |
| Studio | $900 | −$200 (-18.2%) | +$75 (+9.1%) | $900 – $900 | 1 |
| 1BR | $1,350 | −$115 (-7.8%) | +$50 (+3.8%) | $1,250 – $1,425 | 11 |
| 1BR | $963 | −$502 (-34.3%) | −$337 (-25.9%) | $963 – $963 | 1 |
| 2BR | $1,800 | −$120 (-6.3%) | +$400 (+28.6%) | $1,612 – $1,800 | 3 |
| 2BR | $1,600 | −$320 (-16.7%) | +$200 (+14.3%) | $1,392 – $2,135 | 21 |
| 3BR | $1,850 | +$28 (+1.5%) | −$440 (-19.2%) | $1,520 – $2,200 | 42 |
| 3BR | $1,495 | −$327 (-18.0%) | −$795 (-34.7%) | $1,495 – $1,495 | 1 |
| 4BR | $2,250 | −$505 (-18.3%) | −$745 (-24.9%) | $1,995 – $2,853 | 18 |
| 4BR | $1,971 | −$784 (-28.5%) | −$1,024 (-34.2%) | $1,971 – $1,971 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Bronzeville vs. Chicago — July 2023
| Bedrooms | Bronzeville Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $795 | $1,200 | −$405 (-33.8%) |
| Studio | $900 | $1,200 | −$300 (-25.0%) |
| 1BR | $1,350 | $1,450 | −$100 (-6.9%) |
| 1BR | $963 | $1,450 | −$487 (-33.6%) |
| 2BR | $1,800 | $1,795 | +$5 (+0.3%) |
| 2BR | $1,600 | $1,795 | −$195 (-10.9%) |
| 3BR | $1,850 | $2,273 | −$422 (-18.6%) |
| 3BR | $1,495 | $2,273 | −$777 (-34.2%) |
| 4BR | $2,250 | $2,709 | −$458 (-16.9%) |
| 4BR | $1,971 | $2,709 | −$737 (-27.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.