Monthly Rent Report

Lakeview Rent Report — May 2022

Asking rents in ZIP 60657, Chicago, from 213 listings.

Median 1BR rent in Lakeview was $1,695 in May 2022, down 5.6% (−$100) from April 2022. The middle half of 1BR listings asked between $1,595 and $1,795. That puts Lakeview $398 above the Chicago citywide 1BR median of $1,298. The month's figures are based on 213 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2022Vs. Year AgoP25–P75 RangeListings
Studio$1,450+$255 (+21.3%)$1,233 – $2,00011
Studio$1,150−$45 (-3.8%)$1,075 – $1,25037
1BR$1,695−$100 (-5.6%)$1,595 – $1,79573
1BR$1,950+$155 (+8.6%)$1,475 – $2,40025
2BR$2,898+$403 (+16.1%)$2,846 – $2,9492
2BR$1,995−$500 (-20.0%)$1,895 – $2,44529
3BR$2,595−$200 (-7.2%)$2,195 – $3,29717
3BR$4,200+$1,405 (+50.3%)$4,200 – $4,2001
4BR$3,830+$420 (+12.3%)$3,425 – $4,1156
4BR$5,200+$1,790 (+52.5%)$4,769 – $5,2698

Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.

Lakeview vs. ChicagoMay 2022

BedroomsLakeview MedianChicago Citywide MedianDifference
Studio$1,450$1,050+$400 (+38.1%)
Studio$1,150$1,050+$100 (+9.5%)
1BR$1,695$1,298+$398 (+30.6%)
1BR$1,950$1,298+$653 (+50.3%)
2BR$2,898$1,599+$1,299 (+81.2%)
2BR$1,995$1,599+$396 (+24.8%)
3BR$2,595$2,100+$495 (+23.6%)
3BR$4,200$2,100+$2,100 (+100.0%)
4BR$3,830$2,600+$1,230 (+47.3%)
4BR$5,200$2,600+$2,600 (+100.0%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2022.

Advertisement