Monthly Rent Report

Bronzeville Rent Report — January 2024

Asking rents in ZIP 60653, Chicago, from 148 listings.

Median 1BR rent in Bronzeville was $1,658 in January 2024, up 3.6% (+$58) from December 2023 and up 28.2% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,762. That puts Bronzeville $141 above the Chicago citywide 1BR median of $1,517. The month's figures are based on 148 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. December 2023Vs. January 2023P25–P75 RangeListings
Studio$825$0 (0.0%)−$45 (-5.2%)$800 – $8759
Studio$875+$50 (+6.1%)+$5 (+0.6%)$875 – $8751
1BR$1,658+$58 (+3.6%)+$365 (+28.2%)$1,600 – $1,76216
1BR$1,600$0 (0.0%)+$307 (+23.7%)$1,600 – $1,6001
2BR$1,622−$178 (-9.9%)−$478 (-22.8%)$1,558 – $1,95028
2BR$1,673−$127 (-7.1%)−$427 (-20.4%)$1,411 – $1,9342
3BR$2,500+$400 (+19.0%)+$705 (+39.3%)$1,900 – $2,76579
3BR$1,800−$300 (-14.3%)+$5 (+0.3%)$1,800 – $1,8001
4BR$1,900+$205 (+12.1%)−$485 (-20.3%)$1,900 – $2,1254
4BR$1,900+$205 (+12.1%)−$485 (-20.3%)$1,900 – $2,3507

Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.

Bronzeville vs. ChicagoJanuary 2024

BedroomsBronzeville MedianChicago Citywide MedianDifference
Studio$825$1,225−$400 (-32.7%)
Studio$875$1,225−$350 (-28.6%)
1BR$1,658$1,517+$141 (+9.3%)
1BR$1,600$1,517+$83 (+5.5%)
2BR$1,622$1,800−$178 (-9.9%)
2BR$1,673$1,800−$127 (-7.1%)
3BR$2,500$2,300+$200 (+8.7%)
3BR$1,800$2,300−$500 (-21.7%)
4BR$1,900$2,792−$891 (-31.9%)
4BR$1,900$2,792−$891 (-31.9%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.

Advertisement