Monthly Rent Report
Chicago Lawn Rent Report — May 2023
Asking rents in ZIP 60629, Chicago, from 252 listings.
Median 1BR rent in Chicago Lawn was $845 in May 2023, down 15.5% (−$155) from April 2023 and down 15.1% year-over-year. The middle half of 1BR listings asked between $845 and $885. That puts Chicago Lawn $555 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 252 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $750 | −$50 (-6.3%) | −$50 (-6.3%) | $750 – $750 | 5 |
| Studio | $750 | −$50 (-6.3%) | −$50 (-6.3%) | $750 – $775 | 12 |
| 1BR | $845 | −$155 (-15.5%) | −$150 (-15.1%) | $845 – $885 | 3 |
| 1BR | $950 | −$50 (-5.0%) | −$45 (-4.5%) | $925 – $1,000 | 65 |
| 2BR | $1,200 | $0 (0.0%) | +$85 (+7.6%) | $1,100 – $1,250 | 104 |
| 2BR | $1,080 | −$120 (-10.0%) | −$35 (-3.1%) | $1,044 – $1,125 | 4 |
| 3BR | $1,700 | +$50 (+3.0%) | +$250 (+17.2%) | $1,499 – $1,795 | 54 |
| 3BR | $1,400 | −$250 (-15.2%) | −$50 (-3.4%) | $1,400 – $1,400 | 1 |
| 4BR | $1,885 | +$85 (+4.7%) | −$915 (-32.7%) | $1,885 – $1,885 | 1 |
| 4BR | $1,885 | +$85 (+4.7%) | −$915 (-32.7%) | $1,885 – $1,885 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Chicago Lawn vs. Chicago — May 2023
| Bedrooms | Chicago Lawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $750 | $1,200 | −$450 (-37.5%) |
| Studio | $750 | $1,200 | −$450 (-37.5%) |
| 1BR | $845 | $1,400 | −$555 (-39.6%) |
| 1BR | $950 | $1,400 | −$450 (-32.1%) |
| 2BR | $1,200 | $1,698 | −$497 (-29.3%) |
| 2BR | $1,080 | $1,698 | −$617 (-36.4%) |
| 3BR | $1,700 | $2,300 | −$600 (-26.1%) |
| 3BR | $1,400 | $2,300 | −$900 (-39.1%) |
| 4BR | $1,885 | $2,548 | −$662 (-26.0%) |
| 4BR | $1,885 | $2,548 | −$662 (-26.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.