Monthly Rent Report
Chicago Lawn Rent Report — March 2023
Asking rents in ZIP 60629, Chicago, from 328 listings.
Median 1BR rent in Chicago Lawn was $1,035 in March 2023, up 6.2% (+$60) from February 2023 and up 3.5% year-over-year. The middle half of 1BR listings asked between $985 and $1,080. That puts Chicago Lawn $361 below the Chicago citywide 1BR median of $1,396. The month's figures are based on 328 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $800 | $0 (0.0%) | +$5 (+0.6%) | $800 – $840 | 26 |
| Studio | $850 | +$50 (+6.3%) | +$55 (+6.9%) | $850 – $850 | 1 |
| 1BR | $1,035 | +$60 (+6.2%) | +$35 (+3.5%) | $985 – $1,080 | 4 |
| 1BR | $990 | +$15 (+1.5%) | −$10 (-1.0%) | $925 – $1,050 | 94 |
| 2BR | $1,250 | +$350 (+38.9%) | +$125 (+11.1%) | $1,100 – $1,288 | 111 |
| 2BR | $1,143 | +$243 (+26.9%) | +$18 (+1.6%) | $1,134 – $1,151 | 2 |
| 3BR | $1,600 | $0 (0.0%) | +$375 (+30.6%) | $1,475 – $1,795 | 70 |
| 3BR | $1,400 | −$200 (-12.5%) | +$175 (+14.3%) | $1,400 – $1,400 | 1 |
| 4BR | $1,600 | −$285 (-15.1%) | −$375 (-19.0%) | $1,600 – $1,700 | 3 |
| 4BR | $1,700 | −$185 (-9.8%) | −$275 (-13.9%) | $1,600 – $1,800 | 6 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Chicago Lawn vs. Chicago — March 2023
| Bedrooms | Chicago Lawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $800 | $1,204 | −$404 (-33.5%) |
| Studio | $850 | $1,204 | −$354 (-29.4%) |
| 1BR | $1,035 | $1,396 | −$361 (-25.9%) |
| 1BR | $990 | $1,396 | −$406 (-29.1%) |
| 2BR | $1,250 | $1,698 | −$447 (-26.4%) |
| 2BR | $1,143 | $1,698 | −$555 (-32.7%) |
| 3BR | $1,600 | $2,200 | −$600 (-27.3%) |
| 3BR | $1,400 | $2,200 | −$800 (-36.4%) |
| 4BR | $1,600 | $2,444 | −$844 (-34.5%) |
| 4BR | $1,700 | $2,444 | −$744 (-30.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.