Monthly Rent Report
Lakeview Rent Report — January 2024
Asking rents in ZIP 60657, Chicago, from 264 listings.
Median 1BR rent in Lakeview was $1,925 in January 2024, up 14.9% (+$250) from December 2023 and up 7.2% year-over-year. The middle half of 1BR listings asked between $1,615 and $1,995. That puts Lakeview $408 above the Chicago citywide 1BR median of $1,517. The month's figures are based on 264 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | −$150 (-10.4%) | −$50 (-3.7%) | $1,175 – $1,504 | 105 |
| Studio | $1,586 | +$141 (+9.8%) | +$241 (+17.9%) | $1,388 – $1,650 | 8 |
| 1BR | $1,925 | +$250 (+14.9%) | +$130 (+7.2%) | $1,615 – $1,995 | 29 |
| 1BR | $2,400 | +$725 (+43.3%) | +$605 (+33.7%) | $2,400 – $2,400 | 2 |
| 2BR | $2,400 | +$100 (+4.3%) | −$146 (-5.7%) | $2,400 – $2,775 | 5 |
| 2BR | $1,860 | −$440 (-19.1%) | −$686 (-26.9%) | $1,860 – $1,860 | 1 |
| 3BR | $3,545 | +$995 (+39.0%) | +$430 (+13.8%) | $3,247 – $4,450 | 73 |
| 3BR | $2,998 | +$448 (+17.5%) | −$117 (-3.8%) | $2,699 – $3,296 | 2 |
| 4BR | $3,773 | +$1,208 (+47.1%) | −$827 (-18.0%) | $3,650 – $4,800 | 26 |
| 4BR | $3,350 | +$785 (+30.6%) | −$1,250 (-27.2%) | $3,350 – $3,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Lakeview vs. Chicago — January 2024
| Bedrooms | Lakeview Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,225 | +$70 (+5.7%) |
| Studio | $1,586 | $1,225 | +$361 (+29.5%) |
| 1BR | $1,925 | $1,517 | +$408 (+26.9%) |
| 1BR | $2,400 | $1,517 | +$883 (+58.2%) |
| 2BR | $2,400 | $1,800 | +$600 (+33.3%) |
| 2BR | $1,860 | $1,800 | +$60 (+3.3%) |
| 3BR | $3,545 | $2,300 | +$1,245 (+54.1%) |
| 3BR | $2,998 | $2,300 | +$698 (+30.3%) |
| 4BR | $3,773 | $2,792 | +$981 (+35.1%) |
| 4BR | $3,350 | $2,792 | +$559 (+20.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.