Monthly Rent Report
Uptown Rent Report — January 2024
Asking rents in ZIP 60640, Chicago, from 388 listings.
Median 1BR rent in Uptown was $1,610 in January 2024, up 18.4% (+$250) from December 2023 and down 15.0% year-over-year. The middle half of 1BR listings asked between $1,580 and $1,840. That puts Uptown $93 above the Chicago citywide 1BR median of $1,517. The month's figures are based on 388 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,583 | +$413 (+35.3%) | +$463 (+41.3%) | $1,250 – $1,775 | 98 |
| Studio | $1,325 | +$155 (+13.2%) | +$205 (+18.3%) | $1,210 – $1,351 | 3 |
| 1BR | $1,610 | +$250 (+18.4%) | −$285 (-15.0%) | $1,580 – $1,840 | 10 |
| 1BR | $1,675 | +$315 (+23.2%) | −$220 (-11.6%) | $1,510 – $1,898 | 131 |
| 2BR | $2,418 | +$418 (+20.9%) | +$318 (+15.1%) | $2,175 – $2,980 | 92 |
| 2BR | $3,195 | +$1,195 (+59.8%) | +$1,095 (+52.1%) | $3,150 – $3,245 | 5 |
| 3BR | $2,900 | +$200 (+7.4%) | +$205 (+7.6%) | $2,625 – $3,325 | 39 |
| 3BR | $3,495 | +$795 (+29.4%) | +$800 (+29.7%) | $3,495 – $3,495 | 1 |
| 4BR | $3,350 | −$350 (-9.5%) | −$2,400 (-41.7%) | $3,000 – $5,874 | 6 |
| 4BR | $3,500 | −$200 (-5.4%) | −$2,250 (-39.1%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Uptown vs. Chicago — January 2024
| Bedrooms | Uptown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,583 | $1,225 | +$358 (+29.2%) |
| Studio | $1,325 | $1,225 | +$100 (+8.2%) |
| 1BR | $1,610 | $1,517 | +$93 (+6.1%) |
| 1BR | $1,675 | $1,517 | +$158 (+10.4%) |
| 2BR | $2,418 | $1,800 | +$618 (+34.3%) |
| 2BR | $3,195 | $1,800 | +$1,395 (+77.5%) |
| 3BR | $2,900 | $2,300 | +$600 (+26.1%) |
| 3BR | $3,495 | $2,300 | +$1,195 (+52.0%) |
| 4BR | $3,350 | $2,792 | +$559 (+20.0%) |
| 4BR | $3,500 | $2,792 | +$709 (+25.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.