Monthly Rent Report
Bronzeville Rent Report — May 2024
Asking rents in ZIP 60653, Chicago, from 429 listings.
Median 1BR rent in Bronzeville was $1,195 in May 2024, down 27.6% (−$455) from April 2024 and down 32.3% year-over-year. The middle half of 1BR listings asked between $1,195 and $1,195. That puts Bronzeville $308 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 429 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | +$275 (+31.4%) | +$355 (+44.7%) | $1,000 – $1,345 | 17 |
| Studio | $1,150 | +$275 (+31.4%) | +$355 (+44.7%) | $1,000 – $1,345 | 17 |
| 1BR | $1,195 | −$455 (-27.6%) | −$570 (-32.3%) | $1,195 – $1,195 | 1 |
| 1BR | $1,445 | −$205 (-12.4%) | −$320 (-18.1%) | $1,355 – $1,650 | 63 |
| 2BR | $1,700 | +$100 (+6.3%) | +$50 (+3.0%) | $1,500 – $2,035 | 103 |
| 2BR | $1,525 | −$75 (-4.7%) | −$125 (-7.6%) | $1,505 – $1,545 | 2 |
| 3BR | $2,193 | −$302 (-12.1%) | +$598 (+37.5%) | $1,914 – $2,471 | 2 |
| 3BR | $2,453 | −$42 (-1.7%) | +$858 (+53.8%) | $1,850 – $2,696 | 148 |
| 4BR | $2,400 | −$150 (-5.9%) | +$417 (+21.0%) | $1,950 – $3,325 | 59 |
| 4BR | $2,200 | −$350 (-13.7%) | +$217 (+10.9%) | $2,200 – $2,200 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Bronzeville vs. Chicago — May 2024
| Bedrooms | Bronzeville Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,196 | −$46 (-3.8%) |
| Studio | $1,150 | $1,196 | −$46 (-3.8%) |
| 1BR | $1,195 | $1,503 | −$307 (-20.5%) |
| 1BR | $1,445 | $1,503 | −$57 (-3.8%) |
| 2BR | $1,700 | $1,825 | −$125 (-6.8%) |
| 2BR | $1,525 | $1,825 | −$300 (-16.4%) |
| 3BR | $2,193 | $2,236 | −$43 (-1.9%) |
| 3BR | $2,453 | $2,236 | +$217 (+9.7%) |
| 4BR | $2,400 | $2,725 | −$325 (-11.9%) |
| 4BR | $2,200 | $2,725 | −$525 (-19.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.