Monthly Rent Report
Uptown Rent Report — June 2023
Asking rents in ZIP 60640, Chicago, from 946 listings.
Median 1BR rent in Uptown was $1,550 in June 2023, down 13.8% (−$248) from May 2023 and up 14.8% year-over-year. The middle half of 1BR listings asked between $1,550 and $1,550. That puts Uptown $150 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 946 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | −$31 (-2.3%) | +$245 (+23.3%) | $1,100 – $1,572 | 429 |
| Studio | $1,250 | −$76 (-5.7%) | +$200 (+19.0%) | $1,146 – $1,889 | 7 |
| 1BR | $1,550 | −$248 (-13.8%) | +$200 (+14.8%) | $1,550 – $1,550 | 1 |
| 1BR | $2,473 | +$675 (+37.5%) | +$1,123 (+83.2%) | $2,150 – $2,516 | 9 |
| 2BR | $2,695 | −$1,298 (-32.5%) | +$845 (+45.7%) | $2,478 – $3,020 | 4 |
| 2BR | $2,200 | −$1,793 (-44.9%) | +$350 (+18.9%) | $1,775 – $2,679 | 341 |
| 3BR | $3,200 | +$357 (+12.6%) | −$175 (-5.2%) | $3,200 – $3,200 | 1 |
| 3BR | $3,148 | +$305 (+10.7%) | −$228 (-6.8%) | $2,517 – $3,334 | 142 |
| 4BR | $2,500 | −$1,500 (-37.5%) | −$1,300 (-34.2%) | $2,450 – $3,963 | 8 |
| 4BR | $3,600 | −$400 (-10.0%) | −$200 (-5.3%) | $3,300 – $3,900 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Uptown vs. Chicago — June 2023
| Bedrooms | Uptown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,243 | +$53 (+4.2%) |
| Studio | $1,250 | $1,243 | +$8 (+0.6%) |
| 1BR | $1,550 | $1,400 | +$150 (+10.7%) |
| 1BR | $2,473 | $1,400 | +$1,073 (+76.6%) |
| 2BR | $2,695 | $1,700 | +$995 (+58.5%) |
| 2BR | $2,200 | $1,700 | +$500 (+29.4%) |
| 3BR | $3,200 | $2,275 | +$925 (+40.7%) |
| 3BR | $3,148 | $2,275 | +$873 (+38.4%) |
| 4BR | $2,500 | $2,500 | $0 (0.0%) |
| 4BR | $3,600 | $2,500 | +$1,100 (+44.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.