Monthly Rent Report

Lakeview Rent Report — October 2023

Asking rents in ZIP 60657, Chicago, from 142 listings.

Median 1BR rent in Lakeview was $1,995 in October 2023, up 5.2% (+$98) from September 2023 and up 17.7% year-over-year. The middle half of 1BR listings asked between $1,885 and $2,249. That puts Lakeview $520 above the Chicago citywide 1BR median of $1,475. The month's figures are based on 142 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2023Vs. October 2022P25–P75 RangeListings
Studio$1,361+$136 (+11.1%)+$155 (+12.9%)$1,356 – $1,4063
Studio$1,450+$225 (+18.4%)+$244 (+20.2%)$1,225 – $1,50061
1BR$1,995+$98 (+5.2%)+$300 (+17.7%)$1,885 – $2,24919
1BR$1,695−$202 (-10.6%)$0 (0.0%)$1,570 – $1,8353
2BR$3,700+$705 (+23.5%)+$1,705 (+85.5%)$3,700 – $3,7001
2BR$2,495−$500 (-16.7%)+$500 (+25.1%)$2,445 – $2,5953
3BR$3,671+$1,121 (+44.0%)−$124 (-3.3%)$2,986 – $4,4613
3BR$3,850+$1,300 (+51.0%)+$55 (+1.4%)$3,850 – $3,8501
4BR$2,795−$1,205 (-30.1%)−$1,605 (-36.5%)$2,795 – $2,7951
4BR$4,100+$100 (+2.5%)−$300 (-6.8%)$3,695 – $4,80021

Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.

Lakeview vs. ChicagoOctober 2023

BedroomsLakeview MedianChicago Citywide MedianDifference
Studio$1,361$1,200+$161 (+13.4%)
Studio$1,450$1,200+$250 (+20.8%)
1BR$1,995$1,475+$520 (+35.3%)
1BR$1,695$1,475+$220 (+14.9%)
2BR$3,700$1,800+$1,900 (+105.6%)
2BR$2,495$1,800+$695 (+38.6%)
3BR$3,671$2,450+$1,221 (+49.8%)
3BR$3,850$2,450+$1,400 (+57.1%)
4BR$2,795$2,575+$220 (+8.5%)
4BR$4,100$2,575+$1,525 (+59.2%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.

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