Monthly Rent Report

Lakeview Rent Report — April 2024

Asking rents in ZIP 60657, Chicago, from 1,420 listings.

Median 1BR rent in Lakeview was $1,900 in April 2024, down 11.3% (−$242) from March 2024 and up 2.7% year-over-year. The middle half of 1BR listings asked between $1,698 and $2,000. That puts Lakeview $400 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 1,420 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2024Vs. April 2023P25–P75 RangeListings
Studio$1,625+$265 (+19.5%)+$275 (+20.4%)$1,538 – $1,6383
Studio$1,450+$90 (+6.6%)+$100 (+7.4%)$1,287 – $1,595462
1BR$1,900−$242 (-11.3%)+$50 (+2.7%)$1,698 – $2,0003
1BR$1,997−$145 (-6.8%)+$147 (+7.9%)$1,750 – $2,235748
2BR$2,500−$797 (-24.2%)−$200 (-7.4%)$2,500 – $2,5001
2BR$2,700−$597 (-18.1%)$0 (0.0%)$2,613 – $2,75011
3BR$3,400−$335 (-9.0%)+$453 (+15.4%)$3,400 – $3,4001
3BR$3,248−$487 (-13.1%)+$301 (+10.2%)$3,174 – $3,3212
4BR$4,800−$695 (-12.6%)+$725 (+17.8%)$4,000 – $5,800154
4BR$4,900−$595 (-10.8%)+$825 (+20.2%)$4,250 – $5,5502

Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.

Lakeview vs. ChicagoApril 2024

BedroomsLakeview MedianChicago Citywide MedianDifference
Studio$1,625$1,222+$403 (+33.0%)
Studio$1,450$1,222+$228 (+18.7%)
1BR$1,900$1,500+$400 (+26.7%)
1BR$1,997$1,500+$497 (+33.1%)
2BR$2,500$1,850+$650 (+35.1%)
2BR$2,700$1,850+$850 (+45.9%)
3BR$3,400$2,300+$1,100 (+47.8%)
3BR$3,248$2,300+$948 (+41.2%)
4BR$4,800$2,800+$2,000 (+71.4%)
4BR$4,900$2,800+$2,100 (+75.0%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.

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