Monthly Rent Report

Uptown Rent Report — October 2024

Asking rents in ZIP 60640, Chicago, from 141 listings.

Median 1BR rent in Uptown was $1,456 in October 2024, down 2.6% (−$39) from September 2024 and down 17.8% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,675. That puts Uptown in line with the Chicago citywide 1BR median of $1,437. The month's figures are based on 141 listings across 11 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2024Vs. October 2023P25–P75 RangeListings
Studio$1,621+$471 (+40.9%)+$326 (+25.1%)$1,111 – $1,69730
Studio$1,645+$495 (+43.0%)+$350 (+27.0%)$1,533 – $1,7184
1BR$1,456−$39 (-2.6%)−$314 (-17.8%)$1,300 – $1,67552
1BR$1,395−$100 (-6.7%)−$375 (-21.2%)$1,380 – $1,5453
2BR$2,558+$723 (+39.4%)+$210 (+8.9%)$2,197 – $2,88430
2BR$1,995+$160 (+8.7%)−$352 (-15.0%)$1,984 – $2,1714
3BR$2,795−$355 (-11.3%)+$595 (+27.0%)$2,000 – $2,89312
3BR$2,850−$300 (-9.5%)+$650 (+29.5%)$2,675 – $3,0252
4BR$5,500+$3,005 (+120.4%)+$2,500 (+83.3%)$5,500 – $5,5002
4BR$2,995+$500 (+20.0%)−$5 (-0.2%)$2,995 – $2,9951

Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.

Uptown vs. ChicagoOctober 2024

BedroomsUptown MedianChicago Citywide MedianDifference
Studio$1,621$1,298+$323 (+24.9%)
Studio$1,645$1,298+$347 (+26.7%)
1BR$1,456$1,437+$19 (+1.3%)
1BR$1,395$1,437−$41 (-2.9%)
2BR$2,558$1,770+$788 (+44.5%)
2BR$1,995$1,770+$226 (+12.7%)
3BR$2,795$2,305+$490 (+21.3%)
3BR$2,850$2,305+$545 (+23.6%)
4BR$5,500$2,995+$2,505 (+83.6%)
4BR$2,995$2,995$0 (0.0%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.

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