Monthly Rent Report
Lakeview Rent Report — March 2024
Asking rents in ZIP 60657, Chicago, from 1,185 listings.
Median 1BR rent in Lakeview was $1,995 in March 2024, up 12.6% (+$223) from February 2024 and up 9.3% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Lakeview $491 above the Chicago citywide 1BR median of $1,505. The month's figures are based on 1,185 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,360 | +$25 (+1.9%) | −$12 (-0.9%) | $1,250 – $1,545 | 429 |
| Studio | $1,525 | +$190 (+14.2%) | +$153 (+11.1%) | $1,525 – $1,660 | 7 |
| 1BR | $1,995 | +$223 (+12.6%) | +$170 (+9.3%) | $1,995 – $1,995 | 1 |
| 1BR | $2,143 | +$370 (+20.9%) | +$318 (+17.4%) | $1,900 – $2,309 | 20 |
| 2BR | $2,554 | +$459 (+21.9%) | +$104 (+4.2%) | $2,300 – $3,175 | 402 |
| 2BR | $3,298 | +$1,203 (+57.4%) | +$848 (+34.6%) | $3,200 – $3,609 | 4 |
| 3BR | $3,395 | −$305 (-8.2%) | $0 (0.0%) | $2,500 – $3,395 | 5 |
| 3BR | $3,735 | +$35 (+0.9%) | +$340 (+10.0%) | $3,300 – $4,500 | 236 |
| 4BR | $3,125 | −$3,548 (-53.2%) | −$375 (-10.7%) | $2,850 – $4,887 | 4 |
| 4BR | $5,495 | −$1,178 (-17.7%) | +$1,995 (+57.0%) | $4,000 – $6,095 | 53 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Lakeview vs. Chicago — March 2024
| Bedrooms | Lakeview Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,360 | $1,225 | +$135 (+11.0%) |
| Studio | $1,525 | $1,225 | +$300 (+24.5%) |
| 1BR | $1,995 | $1,505 | +$491 (+32.6%) |
| 1BR | $2,143 | $1,505 | +$638 (+42.4%) |
| 2BR | $2,554 | $1,900 | +$654 (+34.4%) |
| 2BR | $3,298 | $1,900 | +$1,398 (+73.6%) |
| 3BR | $3,395 | $2,250 | +$1,145 (+50.9%) |
| 3BR | $3,735 | $2,250 | +$1,485 (+66.0%) |
| 4BR | $3,125 | $2,650 | +$475 (+17.9%) |
| 4BR | $5,495 | $2,650 | +$2,845 (+107.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.