Monthly Rent Report
Uptown Rent Report — August 2024
Asking rents in ZIP 60640, Chicago, from 33 listings.
Median 1BR rent in Uptown was $1,350 in August 2024, down 14.3% (−$225) from July 2024 and down 29.5% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts Uptown $188 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 33 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,285 | −$190 (-12.9%) | +$10 (+0.8%) | $1,195 – $1,375 | 4 |
| 1BR | $1,350 | −$225 (-14.3%) | −$565 (-29.5%) | $1,350 – $1,350 | 2 |
| 1BR | $1,495 | −$80 (-5.1%) | −$420 (-22.0%) | $1,356 – $1,800 | 10 |
| 2BR | $2,195 | −$300 (-12.0%) | +$345 (+18.6%) | $1,861 – $2,195 | 6 |
| 2BR | $2,148 | −$347 (-13.9%) | +$298 (+16.1%) | $2,088 – $2,321 | 4 |
| 3BR | $2,125 | −$850 (-28.6%) | −$747 (-26.0%) | $2,038 – $2,213 | 2 |
| 3BR | $2,400 | −$575 (-19.3%) | −$472 (-16.4%) | $2,400 – $2,400 | 1 |
| 4BR | $3,950 | +$75 (+1.9%) | −$335 (-7.8%) | $3,950 – $3,950 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Uptown vs. Chicago — August 2024
| Bedrooms | Uptown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,285 | $1,190 | +$95 (+8.0%) |
| 1BR | $1,350 | $1,538 | −$188 (-12.2%) |
| 1BR | $1,495 | $1,538 | −$43 (-2.8%) |
| 2BR | $2,195 | $1,823 | +$373 (+20.4%) |
| 2BR | $2,148 | $1,823 | +$325 (+17.8%) |
| 3BR | $2,125 | $2,300 | −$175 (-7.6%) |
| 3BR | $2,400 | $2,300 | +$100 (+4.3%) |
| 4BR | $3,950 | $2,995 | +$955 (+31.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.