Monthly Rent Report
Chicago Lawn Rent Report — August 2024
Asking rents in ZIP 60629, Chicago, from 22 listings.
Median 1BR rent in Chicago Lawn was $1,050 in August 2024, up 13.5% (+$125) from July 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $1,050 and $1,050. That puts Chicago Lawn $488 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 22 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $850 | +$100 (+13.3%) | +$55 (+6.9%) | $850 – $850 | 2 |
| 1BR | $1,050 | +$125 (+13.5%) | $0 (0.0%) | $1,050 – $1,050 | 1 |
| 2BR | $1,433 | +$138 (+10.6%) | +$140 (+10.8%) | $1,304 – $1,561 | 2 |
| 3BR | $1,800 | −$300 (-14.3%) | +$53 (+3.0%) | $1,800 – $1,800 | 1 |
| 4BR | $1,900 | −$300 (-13.6%) | +$15 (+0.8%) | $1,795 – $2,250 | 12 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Chicago Lawn vs. Chicago — August 2024
| Bedrooms | Chicago Lawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $850 | $1,190 | −$340 (-28.6%) |
| 1BR | $1,050 | $1,538 | −$488 (-31.7%) |
| 2BR | $1,433 | $1,823 | −$390 (-21.4%) |
| 3BR | $1,800 | $2,300 | −$500 (-21.7%) |
| 4BR | $1,900 | $2,995 | −$1,095 (-36.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.