Monthly Rent Report
Lakeview Rent Report — August 2023
Asking rents in ZIP 60613, Chicago, from 76 listings.
Median 1BR rent in Lakeview was $2,423 in August 2023, up 38.4% (+$673) from July 2023 and up 7.7% year-over-year. The middle half of 1BR listings asked between $2,384 and $2,495. That puts Lakeview $903 above the Chicago citywide 1BR median of $1,520. The month's figures are based on 76 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | +$55 (+4.2%) | +$255 (+23.3%) | $1,289 – $1,359 | 8 |
| Studio | $2,335 | +$1,040 (+80.3%) | +$1,240 (+113.2%) | $2,335 – $2,335 | 2 |
| 1BR | $2,423 | +$673 (+38.4%) | +$173 (+7.7%) | $2,384 – $2,495 | 8 |
| 1BR | $1,998 | +$248 (+14.1%) | −$252 (-11.2%) | $1,726 – $2,025 | 12 |
| 2BR | $2,300 | −$50 (-2.1%) | +$105 (+4.8%) | $2,300 – $2,300 | 13 |
| 2BR | $2,100 | −$250 (-10.6%) | −$95 (-4.3%) | $2,063 – $2,388 | 4 |
| 3BR | $2,700 | −$497 (-15.6%) | −$1,295 (-32.4%) | $2,700 – $2,756 | 14 |
| 3BR | $2,450 | −$747 (-23.4%) | −$1,545 (-38.7%) | $2,450 – $2,450 | 1 |
| 4BR | $4,200 | +$350 (+9.1%) | −$195 (-4.4%) | $4,200 – $4,200 | 1 |
| 4BR | $3,500 | −$350 (-9.1%) | −$895 (-20.4%) | $3,375 – $4,150 | 7 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Lakeview vs. Chicago — August 2023
| Bedrooms | Lakeview Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,250 | +$100 (+8.0%) |
| Studio | $2,335 | $1,250 | +$1,085 (+86.8%) |
| 1BR | $2,423 | $1,520 | +$903 (+59.4%) |
| 1BR | $1,998 | $1,520 | +$478 (+31.4%) |
| 2BR | $2,300 | $1,808 | +$493 (+27.2%) |
| 2BR | $2,100 | $1,808 | +$293 (+16.2%) |
| 3BR | $2,700 | $2,395 | +$305 (+12.7%) |
| 3BR | $2,450 | $2,395 | +$55 (+2.3%) |
| 4BR | $4,200 | $2,692 | +$1,508 (+56.0%) |
| 4BR | $3,500 | $2,692 | +$808 (+30.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.