Monthly Rent Report
Chicago Lawn Rent Report — August 2022
Asking rents in ZIP 60629, Chicago, from 109 listings.
Median 1BR rent in Chicago Lawn was $1,040 in August 2022, up 12.4% (+$115) from July 2022 and up 15.2% year-over-year. The middle half of 1BR listings asked between $915 and $1,050. That puts Chicago Lawn $255 below the Chicago citywide 1BR median of $1,295. The month's figures are based on 109 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $800 | +$5 (+0.6%) | +$25 (+3.2%) | $800 – $800 | 3 |
| 1BR | $1,040 | +$115 (+12.4%) | +$138 (+15.2%) | $915 – $1,050 | 76 |
| 1BR | $990 | +$65 (+7.0%) | +$88 (+9.7%) | $990 – $990 | 1 |
| 2BR | $1,215 | +$15 (+1.3%) | +$65 (+5.7%) | $1,198 – $1,233 | 2 |
| 2BR | $1,000 | −$200 (-16.7%) | −$150 (-13.0%) | $1,000 – $1,000 | 1 |
| 3BR | $1,450 | −$50 (-3.3%) | +$100 (+7.4%) | $1,450 – $1,450 | 1 |
| 3BR | $1,700 | +$200 (+13.3%) | +$350 (+25.9%) | $1,650 – $1,700 | 20 |
| 4BR | $1,475 | −$625 (-29.8%) | −$225 (-13.2%) | $1,450 – $1,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Chicago Lawn vs. Chicago — August 2022
| Bedrooms | Chicago Lawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $800 | $1,095 | −$295 (-26.9%) |
| 1BR | $1,040 | $1,295 | −$255 (-19.7%) |
| 1BR | $990 | $1,295 | −$305 (-23.6%) |
| 2BR | $1,215 | $1,795 | −$580 (-32.3%) |
| 2BR | $1,000 | $1,795 | −$795 (-44.3%) |
| 3BR | $1,450 | $2,250 | −$800 (-35.6%) |
| 3BR | $1,700 | $2,250 | −$550 (-24.4%) |
| 4BR | $1,475 | $2,455 | −$980 (-39.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2022.