Monthly Rent Report
Bronzeville Rent Report — March 2024
Asking rents in ZIP 60653, Chicago, from 261 listings.
Median 1BR rent in Bronzeville was $1,855 in March 2024, up 24.1% (+$360) from February 2024 and up 13.5% year-over-year. The middle half of 1BR listings asked between $1,855 and $1,855. That puts Bronzeville $351 above the Chicago citywide 1BR median of $1,505. The month's figures are based on 261 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,225 | −$45 (-3.6%) | +$325 (+36.1%) | $1,187 – $1,262 | 2 |
| Studio | $1,299 | +$29 (+2.3%) | +$399 (+44.3%) | $1,299 – $1,299 | 5 |
| 1BR | $1,855 | +$360 (+24.1%) | +$220 (+13.5%) | $1,855 – $1,855 | 1 |
| 1BR | $1,665 | +$170 (+11.4%) | +$30 (+1.8%) | $1,450 – $1,715 | 51 |
| 2BR | $1,793 | +$43 (+2.4%) | +$143 (+8.6%) | $1,489 – $2,134 | 50 |
| 2BR | $1,295 | −$455 (-26.0%) | −$355 (-21.5%) | $1,295 – $1,295 | 1 |
| 3BR | $2,500 | $0 (0.0%) | +$650 (+35.1%) | $1,944 – $2,800 | 88 |
| 3BR | $3,595 | +$1,095 (+43.8%) | +$1,745 (+94.3%) | $3,595 – $3,595 | 1 |
| 4BR | $2,600 | +$150 (+6.1%) | +$350 (+15.6%) | $2,200 – $3,150 | 31 |
| 4BR | $2,575 | +$125 (+5.1%) | +$325 (+14.4%) | $2,175 – $3,063 | 22 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Bronzeville vs. Chicago — March 2024
| Bedrooms | Bronzeville Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,225 | $1,225 | $0 (-0.0%) |
| Studio | $1,299 | $1,225 | +$74 (+6.0%) |
| 1BR | $1,855 | $1,505 | +$351 (+23.3%) |
| 1BR | $1,665 | $1,505 | +$161 (+10.7%) |
| 2BR | $1,793 | $1,900 | −$107 (-5.7%) |
| 2BR | $1,295 | $1,900 | −$605 (-31.8%) |
| 3BR | $2,500 | $2,250 | +$250 (+11.1%) |
| 3BR | $3,595 | $2,250 | +$1,345 (+59.8%) |
| 4BR | $2,600 | $2,650 | −$50 (-1.9%) |
| 4BR | $2,575 | $2,650 | −$75 (-2.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.