Monthly Rent Report
Lakeview Rent Report — July 2023
Asking rents in ZIP 60657, Chicago, from 707 listings.
Median 1BR rent in Lakeview was $1,875 in July 2023, up 4.7% (+$85) from June 2023 and down 35.2% year-over-year. The middle half of 1BR listings asked between $1,695 and $2,050. That puts Lakeview $425 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 707 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | +$69 (+5.2%) | +$140 (+11.1%) | $1,269 – $1,458 | 10 |
| Studio | $1,358 | +$27 (+2.0%) | +$98 (+7.7%) | $1,247 – $1,496 | 168 |
| 1BR | $1,875 | +$85 (+4.7%) | −$1,020 (-35.2%) | $1,695 – $2,050 | 328 |
| 1BR | $1,885 | +$95 (+5.3%) | −$1,010 (-34.9%) | $1,758 – $1,948 | 40 |
| 2BR | $2,575 | +$480 (+22.9%) | −$950 (-27.0%) | $2,575 – $2,575 | 1 |
| 2BR | $2,595 | +$500 (+23.9%) | −$930 (-26.4%) | $2,210 – $2,825 | 11 |
| 3BR | $3,150 | −$171 (-5.1%) | +$555 (+21.4%) | $3,034 – $3,488 | 6 |
| 3BR | $3,825 | +$504 (+15.2%) | +$1,230 (+47.4%) | $3,238 – $4,288 | 78 |
| 4BR | $4,600 | −$200 (-4.2%) | +$1,000 (+27.8%) | $3,800 – $5,775 | 53 |
| 4BR | $4,800 | $0 (0.0%) | +$1,200 (+33.3%) | $4,100 – $5,650 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Lakeview vs. Chicago — July 2023
| Bedrooms | Lakeview Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,200 | +$200 (+16.7%) |
| Studio | $1,358 | $1,200 | +$158 (+13.1%) |
| 1BR | $1,875 | $1,450 | +$425 (+29.3%) |
| 1BR | $1,885 | $1,450 | +$435 (+30.0%) |
| 2BR | $2,575 | $1,795 | +$780 (+43.5%) |
| 2BR | $2,595 | $1,795 | +$800 (+44.6%) |
| 3BR | $3,150 | $2,273 | +$878 (+38.6%) |
| 3BR | $3,825 | $2,273 | +$1,553 (+68.3%) |
| 4BR | $4,600 | $2,709 | +$1,892 (+69.8%) |
| 4BR | $4,800 | $2,709 | +$2,092 (+77.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.