Monthly Rent Report
Bronzeville Rent Report — October 2023
Asking rents in ZIP 60653, Chicago, from 85 listings.
Median 1BR rent in Bronzeville was $1,600 in October 2023, up 66.1% (+$637) from September 2023 and up 48.1% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Bronzeville $125 above the Chicago citywide 1BR median of $1,475. The month's figures are based on 85 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,048 | −$90 (-7.9%) | +$218 (+26.2%) | $925 – $1,250 | 16 |
| 1BR | $1,600 | +$637 (+66.1%) | +$520 (+48.1%) | $1,600 – $1,600 | 1 |
| 1BR | $1,050 | +$87 (+9.0%) | −$30 (-2.8%) | $1,050 – $1,050 | 1 |
| 2BR | $1,850 | +$50 (+2.8%) | −$45 (-2.4%) | $1,850 – $1,850 | 1 |
| 2BR | $1,255 | −$545 (-30.3%) | −$640 (-33.8%) | $1,255 – $1,255 | 7 |
| 3BR | $1,900 | +$525 (+38.2%) | −$500 (-20.8%) | $1,900 – $1,900 | 4 |
| 3BR | $1,520 | +$145 (+10.5%) | −$880 (-36.7%) | $1,520 – $1,520 | 1 |
| 4BR | $2,575 | −$225 (-8.0%) | +$604 (+30.6%) | $2,413 – $2,738 | 2 |
| 4BR | $2,300 | −$500 (-17.9%) | +$329 (+16.7%) | $2,000 – $2,800 | 37 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Bronzeville vs. Chicago — October 2023
| Bedrooms | Bronzeville Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,048 | $1,200 | −$152 (-12.7%) |
| 1BR | $1,600 | $1,475 | +$125 (+8.5%) |
| 1BR | $1,050 | $1,475 | −$425 (-28.8%) |
| 2BR | $1,850 | $1,800 | +$50 (+2.8%) |
| 2BR | $1,255 | $1,800 | −$545 (-30.3%) |
| 3BR | $1,900 | $2,450 | −$550 (-22.4%) |
| 3BR | $1,520 | $2,450 | −$930 (-38.0%) |
| 4BR | $2,575 | $2,575 | $0 (0.0%) |
| 4BR | $2,300 | $2,575 | −$275 (-10.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.