Monthly Rent Report

Lakeview Rent Report — February 2023

Asking rents in ZIP 60613, Chicago, from 1,352 listings.

Median 1BR rent in Lakeview was $1,621 in February 2023, down 9.7% (−$174) from January 2023 and down 12.8% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,856. That puts Lakeview $221 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 1,352 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2023Vs. February 2022P25–P75 RangeListings
Studio$1,495+$495 (+49.5%)+$475 (+46.6%)$1,495 – $1,4952
Studio$1,150+$150 (+15.0%)+$130 (+12.7%)$995 – $1,350238
1BR$1,621−$174 (-9.7%)−$239 (-12.8%)$1,450 – $1,856460
1BR$1,475−$320 (-17.8%)−$385 (-20.7%)$1,350 – $1,59514
2BR$2,350−$645 (-21.5%)+$365 (+18.4%)$2,075 – $2,973395
2BR$2,795−$200 (-6.7%)+$810 (+40.8%)$2,750 – $2,89514
3BR$2,700+$600 (+28.6%)+$250 (+10.2%)$2,495 – $3,095174
3BR$2,695+$595 (+28.3%)+$245 (+10.0%)$2,695 – $2,6951
4BR$4,200+$400 (+10.5%)+$1,528 (+57.2%)$4,200 – $4,2001
4BR$3,645−$155 (-4.1%)+$973 (+36.4%)$3,575 – $4,20040

Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.

Lakeview vs. ChicagoFebruary 2023

BedroomsLakeview MedianChicago Citywide MedianDifference
Studio$1,495$1,149+$346 (+30.1%)
Studio$1,150$1,149+$1 (+0.1%)
1BR$1,621$1,400+$221 (+15.8%)
1BR$1,475$1,400+$75 (+5.4%)
2BR$2,350$1,695+$655 (+38.6%)
2BR$2,795$1,695+$1,100 (+64.9%)
3BR$2,700$2,188+$513 (+23.4%)
3BR$2,695$2,188+$508 (+23.2%)
4BR$4,200$2,393+$1,808 (+75.5%)
4BR$3,645$2,393+$1,253 (+52.4%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.

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