Monthly Rent Report
Lakeview Rent Report — August 2024
Asking rents in ZIP 60657, Chicago, from 90 listings.
Median 1BR rent in Lakeview was $1,545 in August 2024, down 26.8% (−$565) from July 2024 and up 14.4% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,645. That puts Lakeview in line with the Chicago citywide 1BR median of $1,538. The month's figures are based on 90 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,260 | −$65 (-4.9%) | −$65 (-4.9%) | $1,219 – $1,419 | 8 |
| 1BR | $1,545 | −$565 (-26.8%) | +$195 (+14.4%) | $1,350 – $1,645 | 21 |
| 1BR | $1,723 | −$387 (-18.4%) | +$373 (+27.6%) | $1,569 – $1,874 | 12 |
| 2BR | $2,095 | −$655 (-23.8%) | +$5 (+0.2%) | $1,923 – $2,675 | 3 |
| 2BR | $3,000 | +$250 (+9.1%) | +$910 (+43.5%) | $2,300 – $3,270 | 13 |
| 3BR | $2,295 | −$1,300 (-36.2%) | −$1,305 (-36.3%) | $2,110 – $3,798 | 3 |
| 3BR | $2,795 | −$800 (-22.3%) | −$805 (-22.4%) | $2,795 – $2,795 | 2 |
| 4BR | $3,350 | −$995 (-22.9%) | −$2,850 (-46.0%) | $3,350 – $3,350 | 1 |
| 4BR | $3,100 | −$1,245 (-28.7%) | −$3,100 (-50.0%) | $3,100 – $3,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Lakeview vs. Chicago — August 2024
| Bedrooms | Lakeview Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,260 | $1,190 | +$70 (+5.9%) |
| 1BR | $1,545 | $1,538 | +$7 (+0.5%) |
| 1BR | $1,723 | $1,538 | +$185 (+12.0%) |
| 2BR | $2,095 | $1,823 | +$273 (+15.0%) |
| 2BR | $3,000 | $1,823 | +$1,178 (+64.6%) |
| 3BR | $2,295 | $2,300 | −$5 (-0.2%) |
| 3BR | $2,795 | $2,300 | +$495 (+21.5%) |
| 4BR | $3,350 | $2,995 | +$355 (+11.9%) |
| 4BR | $3,100 | $2,995 | +$105 (+3.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.