Monthly Rent Report
Lakeview Rent Report — February 2023
Asking rents in ZIP 60657, Chicago, from 1,367 listings.
Median 1BR rent in Lakeview was $1,895 in February 2023, up 2.4% (+$45) from January 2023 and up 16.6% year-over-year. The middle half of 1BR listings asked between $1,661 and $1,997. That puts Lakeview $495 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 1,367 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,281 | −$169 (-11.7%) | +$206 (+19.2%) | $1,095 – $1,470 | 431 |
| Studio | $1,148 | −$302 (-20.9%) | +$73 (+6.7%) | $1,120 – $1,244 | 4 |
| 1BR | $1,895 | +$45 (+2.4%) | +$270 (+16.6%) | $1,661 – $1,997 | 30 |
| 1BR | $2,221 | +$371 (+20.1%) | +$596 (+36.7%) | $2,084 – $2,358 | 2 |
| 2BR | $2,400 | −$325 (-11.9%) | +$550 (+29.7%) | $2,050 – $3,099 | 554 |
| 2BR | $2,497 | −$228 (-8.4%) | +$647 (+35.0%) | $1,975 – $2,845 | 15 |
| 3BR | $3,450 | +$335 (+10.8%) | −$145 (-4.0%) | $2,980 – $4,945 | 249 |
| 3BR | $2,811 | −$304 (-9.8%) | −$784 (-21.8%) | $2,675 – $2,959 | 4 |
| 4BR | $3,400 | −$597 (-14.9%) | −$1,100 (-24.4%) | $3,400 – $3,400 | 1 |
| 4BR | $4,115 | +$118 (+2.9%) | −$385 (-8.6%) | $3,600 – $6,200 | 57 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Lakeview vs. Chicago — February 2023
| Bedrooms | Lakeview Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,281 | $1,149 | +$132 (+11.5%) |
| Studio | $1,148 | $1,149 | −$1 (-0.1%) |
| 1BR | $1,895 | $1,400 | +$495 (+35.4%) |
| 1BR | $2,221 | $1,400 | +$821 (+58.6%) |
| 2BR | $2,400 | $1,695 | +$705 (+41.6%) |
| 2BR | $2,497 | $1,695 | +$802 (+47.3%) |
| 3BR | $3,450 | $2,188 | +$1,263 (+57.7%) |
| 3BR | $2,811 | $2,188 | +$624 (+28.5%) |
| 4BR | $3,400 | $2,393 | +$1,008 (+42.1%) |
| 4BR | $4,115 | $2,393 | +$1,723 (+72.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.