Monthly Rent Report
Uptown Rent Report — March 2024
Asking rents in ZIP 60640, Chicago, from 1,069 listings.
Median 1BR rent in Uptown was $1,775 in March 2024, up 8.2% (+$134) from February 2024 and down 1.2% year-over-year. The middle half of 1BR listings asked between $1,775 and $1,775. That puts Uptown $271 above the Chicago citywide 1BR median of $1,505. The month's figures are based on 1,069 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | +$105 (+8.1%) | −$292 (-17.3%) | $1,106 – $1,796 | 514 |
| Studio | $1,350 | +$60 (+4.7%) | −$337 (-20.0%) | $1,250 – $1,350 | 5 |
| 1BR | $1,775 | +$134 (+8.2%) | −$22 (-1.2%) | $1,775 – $1,775 | 1 |
| 1BR | $1,502 | −$139 (-8.5%) | −$295 (-16.4%) | $1,395 – $1,571 | 12 |
| 2BR | $2,600 | +$950 (+57.6%) | +$600 (+30.0%) | $2,000 – $3,276 | 373 |
| 2BR | $2,995 | +$1,345 (+81.5%) | +$995 (+49.8%) | $1,736 – $3,295 | 9 |
| 3BR | $2,700 | −$450 (-14.3%) | −$100 (-3.6%) | $2,674 – $2,875 | 4 |
| 3BR | $2,900 | −$250 (-7.9%) | +$100 (+3.6%) | $2,575 – $4,600 | 129 |
| 4BR | $3,475 | −$225 (-6.1%) | +$75 (+2.2%) | $3,200 – $5,874 | 10 |
| 4BR | $5,150 | +$1,450 (+39.2%) | +$1,750 (+51.5%) | $3,213 – $6,599 | 10 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Uptown vs. Chicago — March 2024
| Bedrooms | Uptown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,225 | +$170 (+13.9%) |
| Studio | $1,350 | $1,225 | +$125 (+10.2%) |
| 1BR | $1,775 | $1,505 | +$271 (+18.0%) |
| 1BR | $1,502 | $1,505 | −$3 (-0.2%) |
| 2BR | $2,600 | $1,900 | +$700 (+36.8%) |
| 2BR | $2,995 | $1,900 | +$1,095 (+57.6%) |
| 3BR | $2,700 | $2,250 | +$450 (+20.0%) |
| 3BR | $2,900 | $2,250 | +$650 (+28.9%) |
| 4BR | $3,475 | $2,650 | +$825 (+31.1%) |
| 4BR | $5,150 | $2,650 | +$2,500 (+94.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.