Monthly Rent Report

Chicago Lawn Rent Report — March 2024

Asking rents in ZIP 60629, Chicago, from 153 listings.

Median 1BR rent in Chicago Lawn was $1,500 in March 2024, up 51.9% (+$513) from February 2024 and up 44.9% year-over-year. The middle half of 1BR listings asked between $1,150 and $1,981. That puts Chicago Lawn in line with the Chicago citywide 1BR median of $1,505. The month's figures are based on 153 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2024Vs. March 2023P25–P75 RangeListings
Studio$1,350−$928 (-40.7%)+$550 (+68.8%)$1,123 – $1,4553
Studio$823−$1,455 (-63.9%)+$23 (+2.8%)$705 – $87518
1BR$1,500+$513 (+51.9%)+$465 (+44.9%)$1,150 – $1,9815
1BR$1,025+$38 (+3.8%)−$10 (-1.0%)$950 – $1,05044
2BR$2,791+$1,496 (+115.5%)+$1,541 (+123.3%)$2,395 – $2,7915
2BR$1,400+$105 (+8.1%)+$150 (+12.0%)$1,200 – $1,61360
3BR$1,680−$20 (-1.2%)+$280 (+20.0%)$1,680 – $1,6801
3BR$1,600−$100 (-5.9%)+$200 (+14.3%)$1,600 – $1,6002
4BR$1,400−$485 (-25.7%)−$300 (-17.6%)$1,400 – $1,4001
4BR$1,400−$485 (-25.7%)−$300 (-17.6%)$1,400 – $1,5754

Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.

Chicago Lawn vs. ChicagoMarch 2024

BedroomsChicago Lawn MedianChicago Citywide MedianDifference
Studio$1,350$1,225+$125 (+10.2%)
Studio$823$1,225−$402 (-32.9%)
1BR$1,500$1,505−$4 (-0.3%)
1BR$1,025$1,505−$479 (-31.9%)
2BR$2,791$1,900+$891 (+46.9%)
2BR$1,400$1,900−$500 (-26.3%)
3BR$1,680$2,250−$570 (-25.3%)
3BR$1,600$2,250−$650 (-28.9%)
4BR$1,400$2,650−$1,250 (-47.2%)
4BR$1,400$2,650−$1,250 (-47.2%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.

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