Monthly Rent Report
Chicago Lawn Rent Report — May 2024
Asking rents in ZIP 60629, Chicago, from 134 listings.
Median 1BR rent in Chicago Lawn was $1,050 in May 2024, flat versus April 2024 and up 24.3% year-over-year. The middle half of 1BR listings asked between $1,050 and $1,050. That puts Chicago Lawn $453 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 134 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $850 | −$25 (-2.9%) | +$100 (+13.3%) | $838 – $850 | 3 |
| Studio | $850 | −$25 (-2.9%) | +$100 (+13.3%) | $850 – $850 | 11 |
| 1BR | $1,050 | $0 (0.0%) | +$205 (+24.3%) | $1,050 – $1,050 | 1 |
| 1BR | $950 | −$100 (-9.5%) | +$105 (+12.4%) | $950 – $950 | 1 |
| 2BR | $1,195 | −$197 (-14.2%) | −$5 (-0.4%) | $1,195 – $1,195 | 2 |
| 2BR | $1,100 | −$292 (-21.0%) | −$100 (-8.3%) | $1,100 – $1,100 | 1 |
| 3BR | $1,700 | $0 (0.0%) | +$300 (+21.4%) | $1,680 – $1,795 | 95 |
| 3BR | $1,680 | −$20 (-1.2%) | +$280 (+20.0%) | $1,680 – $1,680 | 1 |
| 4BR | $2,100 | $0 (0.0%) | +$215 (+11.4%) | $1,994 – $2,200 | 12 |
| 4BR | $2,100 | $0 (0.0%) | +$215 (+11.4%) | $2,100 – $2,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Chicago Lawn vs. Chicago — May 2024
| Bedrooms | Chicago Lawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $850 | $1,196 | −$346 (-28.9%) |
| Studio | $850 | $1,196 | −$346 (-28.9%) |
| 1BR | $1,050 | $1,503 | −$452 (-30.1%) |
| 1BR | $950 | $1,503 | −$552 (-36.8%) |
| 2BR | $1,195 | $1,825 | −$630 (-34.5%) |
| 2BR | $1,100 | $1,825 | −$725 (-39.7%) |
| 3BR | $1,700 | $2,236 | −$536 (-24.0%) |
| 3BR | $1,680 | $2,236 | −$556 (-24.9%) |
| 4BR | $2,100 | $2,725 | −$625 (-22.9%) |
| 4BR | $2,100 | $2,725 | −$625 (-22.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.