Monthly Rent Report
Chicago Lawn Rent Report — August 2023
Asking rents in ZIP 60629, Chicago, from 42 listings.
Median 1BR rent in Chicago Lawn was $1,050 in August 2023, up 10.5% (+$100) from July 2023 and up 1.0% year-over-year. The middle half of 1BR listings asked between $1,050 and $1,050. That puts Chicago Lawn $470 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 42 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $795 | −$5 (-0.6%) | −$5 (-0.6%) | $795 – $795 | 1 |
| Studio | $795 | −$5 (-0.6%) | −$5 (-0.6%) | $750 – $800 | 5 |
| 1BR | $1,050 | +$100 (+10.5%) | +$10 (+1.0%) | $1,050 – $1,050 | 2 |
| 1BR | $1,025 | +$75 (+7.9%) | −$15 (-1.4%) | $950 – $1,700 | 17 |
| 2BR | $1,250 | +$25 (+2.0%) | +$250 (+25.0%) | $1,250 – $1,250 | 5 |
| 2BR | $1,293 | +$68 (+5.5%) | +$293 (+29.3%) | $1,271 – $1,314 | 2 |
| 3BR | $1,748 | −$2 (-0.1%) | +$298 (+20.5%) | $1,575 – $1,795 | 8 |
| 3BR | $1,945 | +$195 (+11.1%) | +$495 (+34.1%) | $1,945 – $1,945 | 1 |
| 4BR | $1,885 | +$85 (+4.7%) | +$410 (+27.8%) | $1,885 – $1,885 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Chicago Lawn vs. Chicago — August 2023
| Bedrooms | Chicago Lawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $795 | $1,250 | −$455 (-36.4%) |
| Studio | $795 | $1,250 | −$455 (-36.4%) |
| 1BR | $1,050 | $1,520 | −$470 (-30.9%) |
| 1BR | $1,025 | $1,520 | −$495 (-32.6%) |
| 2BR | $1,250 | $1,808 | −$557 (-30.8%) |
| 2BR | $1,293 | $1,808 | −$515 (-28.5%) |
| 3BR | $1,748 | $2,395 | −$647 (-27.0%) |
| 3BR | $1,945 | $2,395 | −$450 (-18.8%) |
| 4BR | $1,885 | $2,692 | −$807 (-30.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.