Monthly Rent Report
Uptown Rent Report — December 2024
Asking rents in ZIP 60640, Chicago, from 201 listings.
Median 1BR rent in Uptown was $2,099 in December 2024, up 19.9% (+$349) from November 2024 and up 13.5% year-over-year. The middle half of 1BR listings asked between $1,595 and $2,546. That puts Uptown $449 above the Chicago citywide 1BR median of $1,650. The month's figures are based on 201 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,615 | +$326 (+25.3%) | +$445 (+38.0%) | $1,250 – $1,960 | 43 |
| Studio | $1,495 | +$206 (+16.0%) | +$325 (+27.8%) | $1,495 – $1,495 | 1 |
| 1BR | $2,099 | +$349 (+19.9%) | +$249 (+13.5%) | $1,595 – $2,546 | 78 |
| 1BR | $1,675 | −$75 (-4.3%) | −$175 (-9.5%) | $1,663 – $1,688 | 2 |
| 2BR | $2,800 | +$303 (+12.1%) | +$750 (+36.6%) | $1,950 – $3,139 | 53 |
| 2BR | $2,195 | −$302 (-12.1%) | +$145 (+7.1%) | $2,045 – $2,448 | 3 |
| 3BR | $2,600 | −$323 (-11.1%) | −$100 (-3.7%) | $2,600 – $2,600 | 1 |
| 3BR | $2,850 | −$73 (-2.5%) | +$150 (+5.6%) | $2,850 – $4,319 | 14 |
| 4BR | $3,500 | +$603 (+20.8%) | −$200 (-5.4%) | $3,500 – $3,500 | 1 |
| 4BR | $5,500 | +$2,603 (+89.8%) | +$1,800 (+48.6%) | $5,500 – $5,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Uptown vs. Chicago — December 2024
| Bedrooms | Uptown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,615 | $1,385 | +$230 (+16.6%) |
| Studio | $1,495 | $1,385 | +$110 (+7.9%) |
| 1BR | $2,099 | $1,650 | +$449 (+27.2%) |
| 1BR | $1,675 | $1,650 | +$25 (+1.5%) |
| 2BR | $2,800 | $1,953 | +$848 (+43.4%) |
| 2BR | $2,195 | $1,953 | +$243 (+12.4%) |
| 3BR | $2,600 | $2,395 | +$205 (+8.6%) |
| 3BR | $2,850 | $2,395 | +$455 (+19.0%) |
| 4BR | $3,500 | $2,850 | +$650 (+22.8%) |
| 4BR | $5,500 | $2,850 | +$2,650 (+93.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.