Monthly Rent Report
Lakeview Rent Report — August 2023
Asking rents in ZIP 60657, Chicago, from 81 listings.
Median 1BR rent in Lakeview was $1,350 in August 2023, down 28.4% (−$535) from July 2023 and down 24.8% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,828. That puts Lakeview $170 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 81 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,325 | −$75 (-5.4%) | −$675 (-33.8%) | $1,223 – $1,535 | 15 |
| Studio | $1,175 | −$225 (-16.1%) | −$825 (-41.3%) | $1,175 – $1,175 | 1 |
| 1BR | $1,350 | −$535 (-28.4%) | −$445 (-24.8%) | $1,350 – $1,828 | 7 |
| 1BR | $1,845 | −$40 (-2.1%) | +$50 (+2.8%) | $1,424 – $2,059 | 10 |
| 2BR | $2,850 | +$255 (+9.8%) | +$827 (+40.8%) | $2,850 – $2,850 | 7 |
| 2BR | $2,090 | −$505 (-19.5%) | +$67 (+3.3%) | $1,873 – $2,546 | 11 |
| 3BR | $4,295 | +$1,145 (+36.3%) | +$898 (+26.4%) | $2,138 – $4,405 | 11 |
| 3BR | $3,600 | +$450 (+14.3%) | +$203 (+6.0%) | $3,600 – $3,600 | 1 |
| 4BR | $6,200 | +$1,600 (+34.8%) | +$2,000 (+47.6%) | $6,200 – $6,200 | 2 |
| 4BR | $3,565 | −$1,035 (-22.5%) | −$635 (-15.1%) | $3,565 – $3,653 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Lakeview vs. Chicago — August 2023
| Bedrooms | Lakeview Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,325 | $1,250 | +$75 (+6.0%) |
| Studio | $1,175 | $1,250 | −$75 (-6.0%) |
| 1BR | $1,350 | $1,520 | −$170 (-11.2%) |
| 1BR | $1,845 | $1,520 | +$325 (+21.4%) |
| 2BR | $2,850 | $1,808 | +$1,043 (+57.7%) |
| 2BR | $2,090 | $1,808 | +$283 (+15.6%) |
| 3BR | $4,295 | $2,395 | +$1,900 (+79.3%) |
| 3BR | $3,600 | $2,395 | +$1,205 (+50.3%) |
| 4BR | $6,200 | $2,692 | +$3,508 (+130.3%) |
| 4BR | $3,565 | $2,692 | +$873 (+32.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.