Monthly Rent Report
Uptown Rent Report — April 2023
Asking rents in ZIP 60640, Chicago, from 1,720 listings.
Median 1BR rent in Uptown was $1,725 in April 2023, down 4.0% (−$72) from March 2023 and up 27.8% year-over-year. The middle half of 1BR listings asked between $1,450 and $2,306. That puts Uptown $300 above the Chicago citywide 1BR median of $1,425. The month's figures are based on 1,720 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,275 | +$150 (+13.3%) | +$180 (+16.4%) | $1,050 – $1,890 | 445 |
| Studio | $1,275 | +$150 (+13.3%) | +$180 (+16.4%) | $1,075 – $1,275 | 35 |
| 1BR | $1,725 | −$72 (-4.0%) | +$375 (+27.8%) | $1,450 – $2,306 | 637 |
| 1BR | $1,595 | −$202 (-11.2%) | +$245 (+18.1%) | $1,500 – $1,595 | 33 |
| 2BR | $2,100 | +$100 (+5.0%) | +$150 (+7.7%) | $1,795 – $2,500 | 529 |
| 2BR | $2,373 | +$373 (+18.6%) | +$423 (+21.7%) | $1,975 – $3,309 | 6 |
| 3BR | $5,362 | +$3,312 (+161.6%) | +$2,862 (+114.5%) | $5,362 – $5,362 | 1 |
| 3BR | $3,600 | +$1,550 (+75.6%) | +$1,100 (+44.0%) | $3,600 – $3,600 | 1 |
| 4BR | $4,600 | +$953 (+26.1%) | +$1,600 (+53.3%) | $3,163 – $4,980 | 16 |
| 4BR | $4,600 | +$953 (+26.1%) | +$1,600 (+53.3%) | $3,163 – $4,980 | 16 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Uptown vs. Chicago — April 2023
| Bedrooms | Uptown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,275 | $1,195 | +$80 (+6.7%) |
| Studio | $1,275 | $1,195 | +$80 (+6.7%) |
| 1BR | $1,725 | $1,425 | +$300 (+21.1%) |
| 1BR | $1,595 | $1,425 | +$170 (+11.9%) |
| 2BR | $2,100 | $1,725 | +$375 (+21.7%) |
| 2BR | $2,373 | $1,725 | +$648 (+37.5%) |
| 3BR | $5,362 | $2,300 | +$3,062 (+133.1%) |
| 3BR | $3,600 | $2,300 | +$1,300 (+56.5%) |
| 4BR | $4,600 | $2,597 | +$2,003 (+77.1%) |
| 4BR | $4,600 | $2,597 | +$2,003 (+77.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.