Monthly Rent Report
Chicago Lawn Rent Report — February 2024
Asking rents in ZIP 60629, Chicago, from 279 listings.
Median 1BR rent in Chicago Lawn was $988 in February 2024, down 0.8% (−$7) from January 2024 and down 2.7% year-over-year. The middle half of 1BR listings asked between $969 and $1,006. That puts Chicago Lawn $513 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 279 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $795 | $0 (0.0%) | −$5 (-0.6%) | $680 – $1,000 | 7 |
| Studio | $2,278 | +$1,483 (+186.5%) | +$1,478 (+184.8%) | $2,278 – $2,278 | 1 |
| 1BR | $988 | −$7 (-0.8%) | −$27 (-2.7%) | $969 – $1,006 | 2 |
| 1BR | $1,025 | +$30 (+3.0%) | +$10 (+1.0%) | $949 – $1,198 | 76 |
| 2BR | $2,791 | +$748 (+36.6%) | +$1,591 (+132.6%) | $2,791 – $2,791 | 1 |
| 2BR | $1,295 | −$748 (-36.6%) | +$95 (+7.9%) | $1,200 – $1,450 | 115 |
| 3BR | $1,600 | +$150 (+10.3%) | −$25 (-1.5%) | $1,600 – $1,600 | 1 |
| 3BR | $1,700 | +$250 (+17.2%) | +$75 (+4.6%) | $1,450 – $1,700 | 63 |
| 4BR | $1,643 | −$457 (-21.8%) | −$242 (-12.9%) | $1,400 – $1,885 | 4 |
| 4BR | $1,885 | −$215 (-10.2%) | $0 (0.0%) | $1,885 – $1,885 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Chicago Lawn vs. Chicago — February 2024
| Bedrooms | Chicago Lawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $795 | $1,211 | −$416 (-34.4%) |
| Studio | $2,278 | $1,211 | +$1,067 (+88.1%) |
| 1BR | $988 | $1,500 | −$512 (-34.2%) |
| 1BR | $1,025 | $1,500 | −$475 (-31.7%) |
| 2BR | $2,791 | $1,813 | +$979 (+54.0%) |
| 2BR | $1,295 | $1,813 | −$517 (-28.6%) |
| 3BR | $1,600 | $2,300 | −$700 (-30.4%) |
| 3BR | $1,700 | $2,300 | −$600 (-26.1%) |
| 4BR | $1,643 | $2,792 | −$1,149 (-41.2%) |
| 4BR | $1,885 | $2,792 | −$906 (-32.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.