Monthly Rent Report
Uptown Rent Report — March 2023
Asking rents in ZIP 60640, Chicago, from 1,259 listings.
Median 1BR rent in Uptown was $1,495 in March 2023, down 6.3% (−$100) from February 2023 and up 42.4% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,775. That puts Uptown $99 above the Chicago citywide 1BR median of $1,396. The month's figures are based on 1,259 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,125 | −$125 (-10.0%) | +$75 (+7.1%) | $995 – $1,375 | 281 |
| Studio | $1,687 | +$437 (+35.0%) | +$637 (+60.7%) | $1,097 – $1,983 | 21 |
| 1BR | $1,495 | −$100 (-6.3%) | +$445 (+42.4%) | $1,350 – $1,775 | 409 |
| 1BR | $1,797 | +$202 (+12.7%) | +$747 (+71.1%) | $1,450 – $2,462 | 25 |
| 2BR | $2,125 | −$125 (-5.6%) | −$597 (-21.9%) | $1,888 – $3,050 | 10 |
| 2BR | $2,000 | −$250 (-11.1%) | −$722 (-26.5%) | $1,750 – $2,289 | 391 |
| 3BR | $2,050 | −$1,856 (-47.5%) | +$175 (+9.3%) | $2,050 – $2,050 | 1 |
| 3BR | $2,800 | −$1,106 (-28.3%) | +$925 (+49.3%) | $2,401 – $3,300 | 108 |
| 4BR | $3,648 | +$448 (+14.0%) | +$448 (+14.0%) | $3,471 – $3,824 | 2 |
| 4BR | $3,400 | +$200 (+6.3%) | +$200 (+6.3%) | $3,125 – $4,325 | 10 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Uptown vs. Chicago — March 2023
| Bedrooms | Uptown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,125 | $1,204 | −$79 (-6.5%) |
| Studio | $1,687 | $1,204 | +$483 (+40.1%) |
| 1BR | $1,495 | $1,396 | +$99 (+7.1%) |
| 1BR | $1,797 | $1,396 | +$401 (+28.7%) |
| 2BR | $2,125 | $1,698 | +$428 (+25.2%) |
| 2BR | $2,000 | $1,698 | +$303 (+17.8%) |
| 3BR | $2,050 | $2,200 | −$150 (-6.8%) |
| 3BR | $2,800 | $2,200 | +$600 (+27.3%) |
| 4BR | $3,648 | $2,444 | +$1,204 (+49.2%) |
| 4BR | $3,400 | $2,444 | +$956 (+39.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.