Monthly Rent Report
Chicago Lawn Rent Report — December 2023
Asking rents in ZIP 60629, Chicago, from 62 listings.
Median 1BR rent in Chicago Lawn was $1,290 in December 2023, up 13.7% (+$155) from November 2023 and up 22.9% year-over-year. The middle half of 1BR listings asked between $1,290 and $1,290. That puts Chicago Lawn $165 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 62 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,278 | +$1,481 (+185.6%) | +$1,473 (+183.0%) | $2,278 – $2,278 | 1 |
| Studio | $850 | +$53 (+6.6%) | +$45 (+5.6%) | $765 – $863 | 19 |
| 1BR | $1,290 | +$155 (+13.7%) | +$240 (+22.9%) | $1,290 – $1,290 | 2 |
| 1BR | $950 | −$185 (-16.3%) | −$100 (-9.5%) | $950 – $973 | 3 |
| 2BR | $1,308 | +$38 (+3.0%) | +$108 (+9.0%) | $1,000 – $1,308 | 17 |
| 2BR | $2,791 | +$1,521 (+119.8%) | +$1,591 (+132.6%) | $2,417 – $2,791 | 4 |
| 3BR | $1,750 | +$50 (+2.9%) | +$100 (+6.1%) | $1,750 – $1,750 | 1 |
| 3BR | $1,395 | −$305 (-17.9%) | −$255 (-15.5%) | $1,395 – $1,450 | 5 |
| 4BR | $1,400 | $0 (0.0%) | −$200 (-12.5%) | $1,400 – $1,400 | 3 |
| 4BR | $2,175 | +$775 (+55.4%) | +$575 (+35.9%) | $2,138 – $2,213 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Chicago Lawn vs. Chicago — December 2023
| Bedrooms | Chicago Lawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,278 | $1,218 | +$1,061 (+87.1%) |
| Studio | $850 | $1,218 | −$367 (-30.2%) |
| 1BR | $1,290 | $1,455 | −$165 (-11.3%) |
| 1BR | $950 | $1,455 | −$505 (-34.7%) |
| 2BR | $1,308 | $1,800 | −$492 (-27.3%) |
| 2BR | $2,791 | $1,800 | +$991 (+55.1%) |
| 3BR | $1,750 | $2,472 | −$722 (-29.2%) |
| 3BR | $1,395 | $2,472 | −$1,077 (-43.6%) |
| 4BR | $1,400 | $2,630 | −$1,230 (-46.8%) |
| 4BR | $2,175 | $2,630 | −$455 (-17.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.