Monthly Rent Report
Uptown Rent Report — December 2023
Asking rents in ZIP 60640, Chicago, from 50 listings.
Median 1BR rent in Uptown was $1,360 in December 2023, down 14.7% (−$235) from November 2023 and down 6.2% year-over-year. The middle half of 1BR listings asked between $1,255 and $1,398. That puts Uptown $95 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 50 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,170 | +$153 (+15.0%) | −$40 (-3.3%) | $1,113 – $1,300 | 7 |
| Studio | $1,025 | +$8 (+0.7%) | −$185 (-15.3%) | $1,010 – $1,025 | 3 |
| 1BR | $1,360 | −$235 (-14.7%) | −$90 (-6.2%) | $1,255 – $1,398 | 10 |
| 1BR | $1,850 | +$255 (+16.0%) | +$400 (+27.6%) | $1,691 – $2,173 | 4 |
| 2BR | $2,000 | −$350 (-14.9%) | −$250 (-11.1%) | $1,600 – $2,100 | 11 |
| 2BR | $2,050 | −$300 (-12.8%) | −$200 (-8.9%) | $1,900 – $2,200 | 2 |
| 3BR | $2,100 | −$1,000 (-32.3%) | −$1,700 (-44.7%) | $1,965 – $2,100 | 6 |
| 3BR | $2,700 | −$400 (-12.9%) | −$1,100 (-28.9%) | $2,600 – $2,700 | 3 |
| 4BR | $3,700 | $0 (0.0%) | −$1,057 (-22.2%) | $3,700 – $3,700 | 1 |
| 4BR | $3,700 | $0 (0.0%) | −$1,057 (-22.2%) | $3,325 – $3,700 | 3 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Uptown vs. Chicago — December 2023
| Bedrooms | Uptown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,170 | $1,218 | −$47 (-3.9%) |
| Studio | $1,025 | $1,218 | −$192 (-15.8%) |
| 1BR | $1,360 | $1,455 | −$95 (-6.5%) |
| 1BR | $1,850 | $1,455 | +$395 (+27.1%) |
| 2BR | $2,000 | $1,800 | +$200 (+11.1%) |
| 2BR | $2,050 | $1,800 | +$250 (+13.9%) |
| 3BR | $2,100 | $2,472 | −$372 (-15.0%) |
| 3BR | $2,700 | $2,472 | +$228 (+9.2%) |
| 4BR | $3,700 | $2,630 | +$1,070 (+40.7%) |
| 4BR | $3,700 | $2,630 | +$1,070 (+40.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.