Monthly Rent Report
Lakeview Rent Report — February 2024
Asking rents in ZIP 60657, Chicago, from 1,435 listings.
Median 1BR rent in Lakeview was $1,895 in February 2024, down 21.0% (−$505) from January 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $1,675 and $2,150. That puts Lakeview $395 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 1,435 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,335 | +$40 (+3.1%) | +$188 (+16.3%) | $1,261 – $1,390 | 6 |
| Studio | $1,342 | +$47 (+3.6%) | +$195 (+16.9%) | $1,200 – $1,495 | 447 |
| 1BR | $1,895 | −$505 (-21.0%) | $0 (0.0%) | $1,675 – $2,150 | 652 |
| 1BR | $1,773 | −$627 (-26.1%) | −$122 (-6.5%) | $1,569 – $2,000 | 20 |
| 2BR | $1,850 | −$550 (-22.9%) | −$647 (-25.9%) | $1,850 – $1,850 | 3 |
| 2BR | $2,095 | −$305 (-12.7%) | −$402 (-16.1%) | $1,959 – $2,270 | 4 |
| 3BR | $3,700 | +$155 (+4.4%) | +$889 (+31.6%) | $3,000 – $4,500 | 213 |
| 3BR | $3,800 | +$255 (+7.2%) | +$989 (+35.2%) | $3,448 – $5,150 | 3 |
| 4BR | $4,800 | +$1,028 (+27.2%) | +$1,400 (+41.2%) | $4,243 – $5,995 | 59 |
| 4BR | $6,674 | +$2,901 (+76.9%) | +$3,274 (+96.3%) | $5,337 – $8,010 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Lakeview vs. Chicago — February 2024
| Bedrooms | Lakeview Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,335 | $1,211 | +$124 (+10.2%) |
| Studio | $1,342 | $1,211 | +$131 (+10.8%) |
| 1BR | $1,895 | $1,500 | +$395 (+26.3%) |
| 1BR | $1,773 | $1,500 | +$273 (+18.2%) |
| 2BR | $1,850 | $1,813 | +$38 (+2.1%) |
| 2BR | $2,095 | $1,813 | +$283 (+15.6%) |
| 3BR | $3,700 | $2,300 | +$1,400 (+60.9%) |
| 3BR | $3,800 | $2,300 | +$1,500 (+65.2%) |
| 4BR | $4,800 | $2,792 | +$2,009 (+72.0%) |
| 4BR | $6,674 | $2,792 | +$3,882 (+139.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.