Monthly Rent Report
Chicago Lawn Rent Report — October 2023
Asking rents in ZIP 60629, Chicago, from 79 listings.
Median 1BR rent in Chicago Lawn was $1,075 in October 2023, up 19.4% (+$175) from September 2023 and up 2.4% year-over-year. The middle half of 1BR listings asked between $950 and $1,100. That puts Chicago Lawn $400 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 79 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $795 | $0 (0.0%) | −$85 (-9.7%) | $795 – $795 | 2 |
| Studio | $825 | +$30 (+3.8%) | −$55 (-6.3%) | $799 – $838 | 8 |
| 1BR | $1,075 | +$175 (+19.4%) | +$25 (+2.4%) | $950 – $1,100 | 27 |
| 1BR | $975 | +$75 (+8.3%) | −$75 (-7.1%) | $975 – $975 | 1 |
| 2BR | $1,200 | −$50 (-4.0%) | +$100 (+9.1%) | $1,200 – $1,200 | 1 |
| 2BR | $1,293 | +$43 (+3.4%) | +$193 (+17.5%) | $1,250 – $1,300 | 34 |
| 3BR | $2,000 | +$300 (+17.6%) | +$300 (+17.6%) | $2,000 – $2,000 | 2 |
| 3BR | $1,608 | −$92 (-5.4%) | −$92 (-5.4%) | $1,561 – $1,654 | 2 |
| 4BR | $1,885 | +$35 (+1.9%) | +$335 (+21.6%) | $1,885 – $1,885 | 1 |
| 4BR | $1,450 | −$400 (-21.6%) | −$100 (-6.5%) | $1,450 – $1,450 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Chicago Lawn vs. Chicago — October 2023
| Bedrooms | Chicago Lawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $795 | $1,200 | −$405 (-33.8%) |
| Studio | $825 | $1,200 | −$375 (-31.3%) |
| 1BR | $1,075 | $1,475 | −$400 (-27.1%) |
| 1BR | $975 | $1,475 | −$500 (-33.9%) |
| 2BR | $1,200 | $1,800 | −$600 (-33.3%) |
| 2BR | $1,293 | $1,800 | −$507 (-28.2%) |
| 3BR | $2,000 | $2,450 | −$450 (-18.4%) |
| 3BR | $1,608 | $2,450 | −$842 (-34.4%) |
| 4BR | $1,885 | $2,575 | −$690 (-26.8%) |
| 4BR | $1,450 | $2,575 | −$1,125 (-43.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.