Monthly Rent Report

Lakeview Rent Report — December 2022

Asking rents in ZIP 60657, Chicago, from 578 listings.

Median 1BR rent in Lakeview was $1,695 in December 2022, down 3.1% (−$55) from November 2022 and down 10.8% year-over-year. The middle half of 1BR listings asked between $1,550 and $1,942. That puts Lakeview $350 above the Chicago citywide 1BR median of $1,345. The month's figures are based on 578 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2022Vs. December 2021P25–P75 RangeListings
Studio$1,295+$210 (+19.4%)+$300 (+30.2%)$1,195 – $1,39525
Studio$1,203+$118 (+10.8%)+$208 (+20.9%)$1,095 – $1,43188
1BR$1,695−$55 (-3.1%)−$205 (-10.8%)$1,550 – $1,942144
1BR$1,850+$100 (+5.7%)−$50 (-2.6%)$1,684 – $1,89576
2BR$2,418+$118 (+5.1%)+$568 (+30.7%)$2,095 – $2,985147
2BR$1,695−$605 (-26.3%)−$155 (-8.4%)$1,650 – $1,90013
3BR$1,695−$1,605 (-48.6%)−$1,000 (-37.1%)$1,695 – $1,6952
3BR$3,100−$200 (-6.1%)+$405 (+15.0%)$2,900 – $3,71052
4BR$4,395−$205 (-4.5%)+$1,250 (+39.7%)$3,800 – $4,60021
4BR$6,300+$1,700 (+37.0%)+$3,155 (+100.3%)$6,300 – $6,3001

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

Lakeview vs. ChicagoDecember 2022

BedroomsLakeview MedianChicago Citywide MedianDifference
Studio$1,295$1,050+$245 (+23.3%)
Studio$1,203$1,050+$153 (+14.5%)
1BR$1,695$1,345+$350 (+26.0%)
1BR$1,850$1,345+$505 (+37.5%)
2BR$2,418$1,675+$743 (+44.4%)
2BR$1,695$1,675+$20 (+1.2%)
3BR$1,695$2,181−$486 (-22.3%)
3BR$3,100$2,181+$919 (+42.1%)
4BR$4,395$2,589+$1,806 (+69.8%)
4BR$6,300$2,589+$3,711 (+143.3%)

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

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