Monthly Rent Report
Uptown Rent Report — November 2023
Asking rents in ZIP 60640, Chicago, from 829 listings.
Median 1BR rent in Uptown was $1,595 in November 2023, down 9.9% (−$175) from October 2023 and down 14.9% year-over-year. The middle half of 1BR listings asked between $1,325 and $1,625. That puts Uptown $92 above the Chicago citywide 1BR median of $1,504. The month's figures are based on 829 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,018 | −$277 (-21.4%) | −$177 (-14.9%) | $1,006 – $1,025 | 8 |
| Studio | $1,200 | −$95 (-7.3%) | +$5 (+0.4%) | $1,075 – $1,737 | 5 |
| 1BR | $1,595 | −$175 (-9.9%) | −$280 (-14.9%) | $1,325 – $1,625 | 7 |
| 1BR | $1,745 | −$25 (-1.4%) | −$130 (-6.9%) | $1,495 – $1,972 | 796 |
| 2BR | $2,350 | −$250 (-9.6%) | +$406 (+20.9%) | $2,025 – $2,350 | 3 |
| 2BR | $1,675 | −$925 (-35.6%) | −$269 (-13.8%) | $1,675 – $1,838 | 3 |
| 3BR | $2,100 | −$600 (-22.2%) | −$395 (-15.8%) | $2,100 – $2,100 | 1 |
| 3BR | $3,100 | +$400 (+14.8%) | +$605 (+24.2%) | $3,100 – $3,100 | 1 |
| 4BR | $3,700 | +$700 (+23.3%) | +$500 (+15.6%) | $3,700 – $3,700 | 4 |
| 4BR | $3,700 | +$700 (+23.3%) | +$500 (+15.6%) | $3,700 – $3,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Uptown vs. Chicago — November 2023
| Bedrooms | Uptown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,018 | $1,160 | −$142 (-12.3%) |
| Studio | $1,200 | $1,160 | +$40 (+3.4%) |
| 1BR | $1,595 | $1,504 | +$92 (+6.1%) |
| 1BR | $1,745 | $1,504 | +$242 (+16.1%) |
| 2BR | $2,350 | $1,800 | +$550 (+30.6%) |
| 2BR | $1,675 | $1,800 | −$125 (-6.9%) |
| 3BR | $2,100 | $2,298 | −$197 (-8.6%) |
| 3BR | $3,100 | $2,298 | +$803 (+34.9%) |
| 4BR | $3,700 | $2,750 | +$950 (+34.5%) |
| 4BR | $3,700 | $2,750 | +$950 (+34.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.