Monthly Rent Report
Lakeview Rent Report — December 2024
Asking rents in ZIP 60657, Chicago, from 150 listings.
Median 1BR rent in Lakeview was $1,897 in December 2024, down 8.1% (−$168) from November 2024 and up 11.9% year-over-year. The middle half of 1BR listings asked between $1,675 and $2,244. That puts Lakeview $247 above the Chicago citywide 1BR median of $1,650. The month's figures are based on 150 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | +$300 (+23.2%) | +$150 (+10.4%) | $1,373 – $1,685 | 19 |
| Studio | $1,273 | −$22 (-1.7%) | −$172 (-11.9%) | $1,261 – $1,284 | 2 |
| 1BR | $1,897 | −$168 (-8.1%) | +$202 (+11.9%) | $1,675 – $2,244 | 46 |
| 1BR | $1,874 | −$191 (-9.3%) | +$179 (+10.5%) | $1,775 – $1,936 | 10 |
| 2BR | $2,840 | +$445 (+18.6%) | +$540 (+23.5%) | $2,325 – $3,250 | 39 |
| 2BR | $2,545 | +$150 (+6.3%) | +$245 (+10.7%) | $2,384 – $2,945 | 12 |
| 3BR | $4,423 | +$1,773 (+66.9%) | +$1,328 (+42.9%) | $3,570 – $5,495 | 18 |
| 3BR | $3,095 | +$445 (+16.8%) | $0 (0.0%) | $3,095 – $3,095 | 1 |
| 4BR | $2,600 | −$2,149 (-45.3%) | +$35 (+1.4%) | $2,600 – $2,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Lakeview vs. Chicago — December 2024
| Bedrooms | Lakeview Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,385 | +$210 (+15.2%) |
| Studio | $1,273 | $1,385 | −$112 (-8.1%) |
| 1BR | $1,897 | $1,650 | +$247 (+15.0%) |
| 1BR | $1,874 | $1,650 | +$224 (+13.5%) |
| 2BR | $2,840 | $1,953 | +$888 (+45.5%) |
| 2BR | $2,545 | $1,953 | +$593 (+30.3%) |
| 3BR | $4,423 | $2,395 | +$2,028 (+84.7%) |
| 3BR | $3,095 | $2,395 | +$700 (+29.2%) |
| 4BR | $2,600 | $2,850 | −$250 (-8.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.