Monthly Rent Report

Lakeview Rent Report — October 2024

Asking rents in ZIP 60657, Chicago, from 211 listings.

Median 1BR rent in Lakeview was $1,550 in October 2024, down 29.4% (−$645) from September 2024 and down 8.6% year-over-year. The middle half of 1BR listings asked between $1,413 and $1,868. That puts Lakeview $114 above the Chicago citywide 1BR median of $1,437. The month's figures are based on 211 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2024Vs. October 2023P25–P75 RangeListings
Studio$1,678+$83 (+5.2%)+$317 (+23.3%)$1,564 – $1,7912
Studio$1,415−$180 (-11.3%)+$54 (+4.0%)$1,150 – $1,60021
1BR$1,550−$645 (-29.4%)−$145 (-8.6%)$1,413 – $1,8687
1BR$1,924−$271 (-12.4%)+$229 (+13.5%)$1,650 – $2,10064
2BR$2,286−$564 (-19.8%)−$209 (-8.4%)$2,050 – $2,83568
2BR$2,600−$250 (-8.8%)+$105 (+4.2%)$2,600 – $2,8615
3BR$2,895+$148 (+5.4%)−$776 (-21.1%)$2,795 – $3,0983
3BR$3,200+$453 (+16.5%)−$471 (-12.8%)$2,973 – $4,99935
4BR$3,800−$595 (-13.5%)−$300 (-7.3%)$3,800 – $3,8001
4BR$4,325−$70 (-1.6%)+$225 (+5.5%)$4,213 – $4,4382

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

Lakeview vs. ChicagoOctober 2024

BedroomsLakeview MedianChicago Citywide MedianDifference
Studio$1,678$1,298+$380 (+29.3%)
Studio$1,415$1,298+$118 (+9.1%)
1BR$1,550$1,437+$114 (+7.9%)
1BR$1,924$1,437+$487 (+33.9%)
2BR$2,286$1,770+$516 (+29.2%)
2BR$2,600$1,770+$831 (+46.9%)
3BR$2,895$2,305+$590 (+25.6%)
3BR$3,200$2,305+$895 (+38.8%)
4BR$3,800$2,995+$805 (+26.9%)
4BR$4,325$2,995+$1,330 (+44.4%)

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

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