Monthly Rent Report
Lakeview Rent Report — August 2024
Asking rents in ZIP 60613, Chicago, from 42 listings.
Median 1BR rent in Lakeview was $1,600 in August 2024, down 5.9% (−$100) from July 2024 and down 19.9% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Lakeview $62 above the Chicago citywide 1BR median of $1,538. The month's figures are based on 42 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,095 | +$25 (+2.3%) | −$255 (-18.9%) | $1,095 – $1,173 | 7 |
| 1BR | $1,600 | −$100 (-5.9%) | −$397 (-19.9%) | $1,600 – $1,600 | 1 |
| 1BR | $1,500 | −$200 (-11.8%) | −$497 (-24.9%) | $1,463 – $1,598 | 3 |
| 2BR | $2,995 | +$570 (+23.5%) | +$895 (+42.6%) | $2,050 – $2,995 | 11 |
| 2BR | $2,648 | +$223 (+9.2%) | +$548 (+26.1%) | $2,524 – $2,771 | 2 |
| 3BR | $2,495 | −$1,040 (-29.4%) | +$45 (+1.8%) | $2,495 – $2,700 | 5 |
| 3BR | $3,300 | −$235 (-6.6%) | +$850 (+34.7%) | $3,150 – $3,350 | 3 |
| 4BR | $4,400 | +$775 (+21.4%) | +$900 (+25.7%) | $4,400 – $4,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Lakeview vs. Chicago — August 2024
| Bedrooms | Lakeview Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,095 | $1,190 | −$95 (-8.0%) |
| 1BR | $1,600 | $1,538 | +$62 (+4.0%) |
| 1BR | $1,500 | $1,538 | −$38 (-2.5%) |
| 2BR | $2,995 | $1,823 | +$1,173 (+64.3%) |
| 2BR | $2,648 | $1,823 | +$825 (+45.3%) |
| 3BR | $2,495 | $2,300 | +$195 (+8.5%) |
| 3BR | $3,300 | $2,300 | +$1,000 (+43.5%) |
| 4BR | $4,400 | $2,995 | +$1,405 (+46.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.