Monthly Rent Report
Lakeview Rent Report — March 2023
Asking rents in ZIP 60657, Chicago, from 2,301 listings.
Median 1BR rent in Lakeview was $1,895 in March 2023, down 14.7% (−$326) from February 2023 and up 11.8% year-over-year. The middle half of 1BR listings asked between $1,700 and $2,097. That puts Lakeview $499 above the Chicago citywide 1BR median of $1,396. The month's figures are based on 2,301 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | +$14 (+1.1%) | −$3,700 (-74.1%) | $1,145 – $1,445 | 494 |
| Studio | $1,373 | +$92 (+7.1%) | −$3,622 (-72.5%) | $1,188 – $1,461 | 24 |
| 1BR | $1,895 | −$326 (-14.7%) | +$200 (+11.8%) | $1,700 – $2,097 | 42 |
| 1BR | $1,825 | −$396 (-17.8%) | +$130 (+7.7%) | $1,595 – $2,150 | 605 |
| 2BR | $2,395 | −$5 (-0.2%) | −$200 (-7.7%) | $2,000 – $2,595 | 9 |
| 2BR | $2,450 | +$50 (+2.1%) | −$145 (-5.6%) | $2,100 – $3,095 | 678 |
| 3BR | $2,947 | +$136 (+4.8%) | +$197 (+7.2%) | $2,935 – $2,947 | 8 |
| 3BR | $3,395 | +$584 (+20.8%) | +$645 (+23.5%) | $2,947 – $4,185 | 292 |
| 4BR | $3,500 | +$100 (+2.9%) | −$1,000 (-22.2%) | $3,300 – $3,700 | 2 |
| 4BR | $3,995 | +$595 (+17.5%) | −$505 (-11.2%) | $3,870 – $4,495 | 129 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Lakeview vs. Chicago — March 2023
| Bedrooms | Lakeview Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,204 | +$91 (+7.6%) |
| Studio | $1,373 | $1,204 | +$169 (+14.0%) |
| 1BR | $1,895 | $1,396 | +$499 (+35.7%) |
| 1BR | $1,825 | $1,396 | +$429 (+30.7%) |
| 2BR | $2,395 | $1,698 | +$698 (+41.1%) |
| 2BR | $2,450 | $1,698 | +$753 (+44.3%) |
| 3BR | $2,947 | $2,200 | +$747 (+34.0%) |
| 3BR | $3,395 | $2,200 | +$1,195 (+54.3%) |
| 4BR | $3,500 | $2,444 | +$1,056 (+43.2%) |
| 4BR | $3,995 | $2,444 | +$1,551 (+63.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.