Monthly Rent Report
Lakeview Rent Report — May 2023
Asking rents in ZIP 60613, Chicago, from 1,392 listings.
Median 1BR rent in Lakeview was $1,460 in May 2023, down 16.6% (−$290) from April 2023 and up 8.1% year-over-year. The middle half of 1BR listings asked between $1,325 and $1,795. That puts Lakeview $60 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 1,392 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,225 | +$50 (+4.3%) | +$175 (+16.7%) | $1,100 – $1,353 | 235 |
| Studio | $1,145 | −$30 (-2.6%) | +$95 (+9.0%) | $1,065 – $1,150 | 7 |
| 1BR | $1,460 | −$290 (-16.6%) | +$110 (+8.1%) | $1,325 – $1,795 | 13 |
| 1BR | $1,795 | +$45 (+2.6%) | +$445 (+33.0%) | $1,595 – $2,000 | 457 |
| 2BR | $2,200 | −$100 (-4.3%) | −$400 (-15.4%) | $1,695 – $2,700 | 9 |
| 2BR | $2,425 | +$125 (+5.4%) | −$175 (-6.7%) | $2,150 – $2,793 | 455 |
| 3BR | $2,995 | −$155 (-4.9%) | +$695 (+30.2%) | $2,600 – $3,500 | 195 |
| 3BR | $3,200 | +$50 (+1.6%) | +$900 (+39.1%) | $2,750 – $3,350 | 3 |
| 4BR | $3,800 | +$155 (+4.3%) | +$300 (+8.6%) | $3,800 – $3,800 | 1 |
| 4BR | $3,800 | +$155 (+4.3%) | +$300 (+8.6%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Lakeview vs. Chicago — May 2023
| Bedrooms | Lakeview Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,225 | $1,200 | +$25 (+2.1%) |
| Studio | $1,145 | $1,200 | −$55 (-4.6%) |
| 1BR | $1,460 | $1,400 | +$60 (+4.3%) |
| 1BR | $1,795 | $1,400 | +$395 (+28.2%) |
| 2BR | $2,200 | $1,698 | +$503 (+29.6%) |
| 2BR | $2,425 | $1,698 | +$728 (+42.9%) |
| 3BR | $2,995 | $2,300 | +$695 (+30.2%) |
| 3BR | $3,200 | $2,300 | +$900 (+39.1%) |
| 4BR | $3,800 | $2,548 | +$1,253 (+49.2%) |
| 4BR | $3,800 | $2,548 | +$1,253 (+49.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.