Monthly Rent Report
Lakeview Rent Report — May 2024
Asking rents in ZIP 60613, Chicago, from 1,387 listings.
Median 1BR rent in Lakeview was $1,670 in May 2024, down 1.8% (−$30) from April 2024 and down 7.0% year-over-year. The middle half of 1BR listings asked between $1,395 and $2,550. That puts Lakeview $168 above the Chicago citywide 1BR median of $1,503. The month's figures are based on 1,387 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,025 | +$40 (+4.1%) | −$120 (-10.5%) | $975 – $1,050 | 5 |
| Studio | $1,300 | +$315 (+32.0%) | +$155 (+13.5%) | $1,125 – $1,572 | 327 |
| 1BR | $1,670 | −$30 (-1.8%) | −$125 (-7.0%) | $1,395 – $2,550 | 13 |
| 1BR | $2,300 | +$600 (+35.3%) | +$505 (+28.1%) | $2,300 – $2,300 | 1 |
| 2BR | $2,565 | −$230 (-8.2%) | +$365 (+16.6%) | $2,295 – $2,915 | 606 |
| 2BR | $2,800 | +$5 (+0.2%) | +$600 (+27.3%) | $1,995 – $3,563 | 12 |
| 3BR | $3,100 | +$450 (+17.0%) | +$105 (+3.5%) | $2,800 – $3,850 | 302 |
| 3BR | $3,273 | +$623 (+23.5%) | +$278 (+9.3%) | $3,111 – $3,434 | 2 |
| 4BR | $4,400 | +$405 (+10.1%) | +$600 (+15.8%) | $4,400 – $4,400 | 2 |
| 4BR | $4,145 | +$150 (+3.8%) | +$345 (+9.1%) | $3,750 – $5,000 | 97 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Lakeview vs. Chicago — May 2024
| Bedrooms | Lakeview Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,025 | $1,196 | −$171 (-14.3%) |
| Studio | $1,300 | $1,196 | +$104 (+8.7%) |
| 1BR | $1,670 | $1,503 | +$168 (+11.1%) |
| 1BR | $2,300 | $1,503 | +$798 (+53.1%) |
| 2BR | $2,565 | $1,825 | +$740 (+40.5%) |
| 2BR | $2,800 | $1,825 | +$975 (+53.4%) |
| 3BR | $3,100 | $2,236 | +$864 (+38.6%) |
| 3BR | $3,273 | $2,236 | +$1,037 (+46.4%) |
| 4BR | $4,400 | $2,725 | +$1,675 (+61.5%) |
| 4BR | $4,145 | $2,725 | +$1,420 (+52.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.