Monthly Rent Report

Lakeview Rent Report — March 2023

Asking rents in ZIP 60613, Chicago, from 1,448 listings.

Median 1BR rent in Lakeview was $1,600 in March 2023, up 8.5% (+$125) from February 2023 and up 7.0% year-over-year. The middle half of 1BR listings asked between $1,463 and $1,728. That puts Lakeview $204 above the Chicago citywide 1BR median of $1,396. The month's figures are based on 1,448 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2023Vs. March 2022P25–P75 RangeListings
Studio$1,175+$25 (+2.2%)+$180 (+18.1%)$1,045 – $1,390225
Studio$1,208+$58 (+5.0%)+$213 (+21.4%)$1,205 – $1,2134
1BR$1,600+$125 (+8.5%)+$105 (+7.0%)$1,463 – $1,72822
1BR$1,650+$175 (+11.9%)+$155 (+10.4%)$1,465 – $1,945498
2BR$2,295−$500 (-17.9%)−$255 (-10.0%)$1,995 – $2,650423
2BR$2,745−$50 (-1.8%)+$195 (+7.6%)$1,618 – $3,00012
3BR$2,997+$297 (+11.0%)−$753 (-20.1%)$2,670 – $3,600204
3BR$3,000+$300 (+11.1%)−$750 (-20.0%)$3,000 – $3,3003
4BR$2,995−$650 (-17.8%)+$350 (+13.2%)$2,995 – $2,9951
4BR$3,800+$155 (+4.3%)+$1,155 (+43.7%)$3,209 – $4,15046

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

Lakeview vs. ChicagoMarch 2023

BedroomsLakeview MedianChicago Citywide MedianDifference
Studio$1,175$1,204−$29 (-2.4%)
Studio$1,208$1,204+$4 (+0.3%)
1BR$1,600$1,396+$204 (+14.6%)
1BR$1,650$1,396+$254 (+18.2%)
2BR$2,295$1,698+$598 (+35.2%)
2BR$2,745$1,698+$1,048 (+61.7%)
3BR$2,997$2,200+$797 (+36.2%)
3BR$3,000$2,200+$800 (+36.4%)
4BR$2,995$2,444+$551 (+22.5%)
4BR$3,800$2,444+$1,356 (+55.5%)

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

Advertisement