Monthly Rent Report

Uptown Rent Report — September 2023

Asking rents in ZIP 60640, Chicago, from 168 listings.

Median 1BR rent in Uptown was $1,600 in September 2023, down 16.5% (−$315) from August 2023 and up 12.5% year-over-year. The middle half of 1BR listings asked between $1,573 and $1,945. That puts Uptown $150 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 168 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2023Vs. September 2022P25–P75 RangeListings
Studio$1,275$0 (0.0%)+$125 (+10.9%)$1,198 – $1,35055
Studio$1,213−$62 (-4.9%)+$63 (+5.4%)$1,169 – $1,35916
1BR$1,600−$315 (-16.5%)+$178 (+12.5%)$1,573 – $1,94563
1BR$1,598−$318 (-16.6%)+$175 (+12.3%)$1,430 – $2,18122
2BR$2,098+$248 (+13.4%)+$353 (+20.2%)$1,750 – $2,6834
2BR$2,100+$250 (+13.5%)+$355 (+20.3%)$2,100 – $2,1002
3BR$2,400−$472 (-16.4%)−$273 (-10.2%)$2,400 – $2,4001
3BR$2,700−$172 (-6.0%)+$27 (+1.0%)$2,700 – $2,7001
4BR$2,450−$2,710 (-52.5%)−$1,345 (-35.4%)$2,450 – $2,4501
4BR$2,450−$2,710 (-52.5%)−$1,345 (-35.4%)$2,450 – $4,2853

Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.

Uptown vs. ChicagoSeptember 2023

BedroomsUptown MedianChicago Citywide MedianDifference
Studio$1,275$1,238+$38 (+3.0%)
Studio$1,213$1,238−$25 (-2.0%)
1BR$1,600$1,450+$150 (+10.3%)
1BR$1,598$1,450+$148 (+10.2%)
2BR$2,098$1,738+$360 (+20.7%)
2BR$2,100$1,738+$363 (+20.9%)
3BR$2,400$2,327+$73 (+3.1%)
3BR$2,700$2,327+$373 (+16.0%)
4BR$2,450$2,783−$333 (-12.0%)
4BR$2,450$2,783−$333 (-12.0%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.

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