Monthly Rent Report
Uptown Rent Report — July 2024
Asking rents in ZIP 60640, Chicago, from 385 listings.
Median 1BR rent in Uptown was $1,575 in July 2024, down 12.5% (−$225) from June 2024 and down 10.0% year-over-year. The middle half of 1BR listings asked between $1,575 and $1,575. That puts Uptown in line with the Chicago citywide 1BR median of $1,560. The month's figures are based on 385 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,170 | −$470 (-28.7%) | −$463 (-28.4%) | $1,170 – $1,170 | 5 |
| Studio | $1,475 | −$165 (-10.1%) | −$158 (-9.7%) | $1,475 – $1,475 | 1 |
| 1BR | $1,575 | −$225 (-12.5%) | −$175 (-10.0%) | $1,575 – $1,575 | 1 |
| 1BR | $1,600 | −$200 (-11.1%) | −$150 (-8.6%) | $1,375 – $1,650 | 9 |
| 2BR | $2,495 | −$400 (-13.8%) | +$200 (+8.7%) | $2,173 – $2,598 | 3 |
| 2BR | $2,850 | −$45 (-1.6%) | +$555 (+24.2%) | $2,200 – $3,295 | 353 |
| 3BR | $2,975 | −$216 (-6.8%) | −$679 (-18.6%) | $2,363 – $3,588 | 2 |
| 3BR | $2,050 | −$1,141 (-35.8%) | −$1,604 (-43.9%) | $2,050 – $2,050 | 1 |
| 4BR | $3,750 | −$450 (-10.7%) | +$200 (+5.6%) | $3,300 – $4,225 | 4 |
| 4BR | $3,875 | −$325 (-7.7%) | +$325 (+9.2%) | $3,375 – $4,150 | 6 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Uptown vs. Chicago — July 2024
| Bedrooms | Uptown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,170 | $1,218 | −$48 (-4.0%) |
| Studio | $1,475 | $1,218 | +$257 (+21.1%) |
| 1BR | $1,575 | $1,560 | +$15 (+1.0%) |
| 1BR | $1,600 | $1,560 | +$40 (+2.6%) |
| 2BR | $2,495 | $1,805 | +$690 (+38.2%) |
| 2BR | $2,850 | $1,805 | +$1,045 (+57.9%) |
| 3BR | $2,975 | $2,363 | +$613 (+25.9%) |
| 3BR | $2,050 | $2,363 | −$312 (-13.2%) |
| 4BR | $3,750 | $2,789 | +$961 (+34.5%) |
| 4BR | $3,875 | $2,789 | +$1,086 (+38.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.