Monthly Rent Report

Lakeview Rent Report — December 2023

Asking rents in ZIP 60657, Chicago, from 105 listings.

Median 1BR rent in Lakeview was $1,695 in December 2023, down 8.4% (−$155) from November 2023 and unchanged year-over-year. The middle half of 1BR listings asked between $1,395 and $2,084. That puts Lakeview $240 above the Chicago citywide 1BR median of $1,455. The month's figures are based on 105 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2023Vs. December 2022P25–P75 RangeListings
Studio$1,495−$155 (-9.4%)+$200 (+15.4%)$1,495 – $1,77015
Studio$1,445−$205 (-12.4%)+$150 (+11.6%)$1,320 – $1,5702
1BR$1,695−$155 (-8.4%)$0 (0.0%)$1,395 – $2,08413
1BR$1,675−$175 (-9.5%)−$20 (-1.2%)$1,375 – $1,7656
2BR$2,900+$350 (+13.7%)+$1,205 (+71.1%)$2,298 – $3,10023
2BR$2,300−$250 (-9.8%)+$605 (+35.7%)$2,075 – $2,5957
3BR$2,550−$900 (-26.1%)−$550 (-17.7%)$2,550 – $2,5501
3BR$3,095−$355 (-10.3%)−$5 (-0.2%)$3,095 – $3,3616
4BR$3,300+$505 (+18.1%)−$3,000 (-47.6%)$3,300 – $4,05011
4BR$2,565−$230 (-8.2%)−$3,735 (-59.3%)$2,565 – $2,5651

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

Lakeview vs. ChicagoDecember 2023

BedroomsLakeview MedianChicago Citywide MedianDifference
Studio$1,495$1,218+$278 (+22.8%)
Studio$1,445$1,218+$228 (+18.7%)
1BR$1,695$1,455+$240 (+16.5%)
1BR$1,675$1,455+$220 (+15.1%)
2BR$2,900$1,800+$1,100 (+61.1%)
2BR$2,300$1,800+$500 (+27.8%)
3BR$2,550$2,472+$78 (+3.2%)
3BR$3,095$2,472+$623 (+25.2%)
4BR$3,300$2,630+$670 (+25.5%)
4BR$2,565$2,630−$65 (-2.5%)

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

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