Monthly Rent Report
Uptown Rent Report — October 2023
Asking rents in ZIP 60640, Chicago, from 116 listings.
Median 1BR rent in Uptown was $1,620 in October 2023, up 1.3% (+$20) from September 2023 and up 11.7% year-over-year. The middle half of 1BR listings asked between $1,608 and $1,978. That puts Uptown $145 above the Chicago citywide 1BR median of $1,475. The month's figures are based on 116 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,275 | +$63 (+5.2%) | +$213 (+20.0%) | $1,069 – $1,375 | 52 |
| Studio | $1,295 | +$83 (+6.8%) | +$233 (+21.9%) | $1,225 – $1,295 | 9 |
| 1BR | $1,620 | +$20 (+1.3%) | +$170 (+11.7%) | $1,608 – $1,978 | 3 |
| 1BR | $1,770 | +$170 (+10.6%) | +$320 (+22.1%) | $1,686 – $1,829 | 20 |
| 2BR | $2,600 | +$500 (+23.8%) | +$500 (+23.8%) | $2,600 – $2,600 | 6 |
| 2BR | $2,348 | +$248 (+11.8%) | +$248 (+11.8%) | $2,113 – $3,022 | 4 |
| 3BR | $2,700 | +$300 (+12.5%) | −$136 (-4.8%) | $2,700 – $3,200 | 7 |
| 3BR | $2,200 | −$200 (-8.3%) | −$636 (-22.4%) | $2,200 – $2,400 | 3 |
| 4BR | $2,600 | +$150 (+6.1%) | −$900 (-25.7%) | $2,600 – $2,600 | 1 |
| 4BR | $3,000 | +$550 (+22.4%) | −$500 (-14.3%) | $2,450 – $3,975 | 11 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Uptown vs. Chicago — October 2023
| Bedrooms | Uptown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,275 | $1,200 | +$75 (+6.3%) |
| Studio | $1,295 | $1,200 | +$95 (+7.9%) |
| 1BR | $1,620 | $1,475 | +$145 (+9.8%) |
| 1BR | $1,770 | $1,475 | +$295 (+20.0%) |
| 2BR | $2,600 | $1,800 | +$800 (+44.4%) |
| 2BR | $2,348 | $1,800 | +$548 (+30.4%) |
| 3BR | $2,700 | $2,450 | +$250 (+10.2%) |
| 3BR | $2,200 | $2,450 | −$250 (-10.2%) |
| 4BR | $2,600 | $2,575 | +$25 (+1.0%) |
| 4BR | $3,000 | $2,575 | +$425 (+16.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.