Monthly Rent Report
North Lawndale Rent Report — April 2023
Asking rents in ZIP 60623, Chicago, from 400 listings.
Median 1BR rent in North Lawndale was $1,045 in April 2023, up 2.0% (+$20) from March 2023 and up 5.8% year-over-year. The middle half of 1BR listings asked between $1,045 and $1,045. That puts North Lawndale $380 below the Chicago citywide 1BR median of $1,425. The month's figures are based on 400 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $695 | $0 (0.0%) | — | $695 – $695 | 1 |
| Studio | $1,408 | +$713 (+102.6%) | — | $695 – $2,136 | 8 |
| 1BR | $1,045 | +$20 (+2.0%) | +$58 (+5.8%) | $1,045 – $1,045 | 1 |
| 1BR | $1,050 | +$25 (+2.4%) | +$63 (+6.3%) | $939 – $1,100 | 30 |
| 2BR | $950 | −$250 (-20.8%) | −$700 (-42.4%) | $950 – $950 | 1 |
| 2BR | $1,240 | +$40 (+3.3%) | −$410 (-24.8%) | $1,156 – $1,400 | 186 |
| 3BR | $1,450 | −$550 (-27.5%) | +$50 (+3.6%) | $1,350 – $1,600 | 158 |
| 3BR | $1,295 | −$705 (-35.3%) | −$105 (-7.5%) | $1,295 – $1,295 | 1 |
| 4BR | $1,850 | +$50 (+2.8%) | — | $1,500 – $1,900 | 13 |
| 4BR | $1,500 | −$300 (-16.7%) | — | $1,500 – $1,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — April 2023
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $695 | $1,195 | −$500 (-41.8%) |
| Studio | $1,408 | $1,195 | +$213 (+17.8%) |
| 1BR | $1,045 | $1,425 | −$380 (-26.7%) |
| 1BR | $1,050 | $1,425 | −$375 (-26.3%) |
| 2BR | $950 | $1,725 | −$775 (-44.9%) |
| 2BR | $1,240 | $1,725 | −$485 (-28.1%) |
| 3BR | $1,450 | $2,300 | −$850 (-37.0%) |
| 3BR | $1,295 | $2,300 | −$1,005 (-43.7%) |
| 4BR | $1,850 | $2,597 | −$747 (-28.8%) |
| 4BR | $1,500 | $2,597 | −$1,097 (-42.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.