Monthly Rent Report
North Lawndale Rent Report — June 2023
Asking rents in ZIP 60623, Chicago, from 322 listings.
Median 1BR rent in North Lawndale was $1,125 in June 2023, down 24.7% (−$370) from May 2023 and up 2.7% year-over-year. The middle half of 1BR listings asked between $921 and $1,200. That puts North Lawndale $275 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 322 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,025 | −$577 (-36.0%) | +$50 (+5.1%) | $1,012 – $1,113 | 11 |
| Studio | $675 | −$927 (-57.9%) | −$300 (-30.8%) | $675 – $675 | 1 |
| 1BR | $1,125 | −$370 (-24.7%) | +$30 (+2.7%) | $921 – $1,200 | 34 |
| 1BR | $1,150 | −$345 (-23.1%) | +$55 (+5.0%) | $1,150 – $1,150 | 1 |
| 2BR | $1,230 | −$70 (-5.4%) | −$370 (-23.1%) | $1,175 – $1,396 | 200 |
| 2BR | $1,095 | −$205 (-15.8%) | −$505 (-31.6%) | $1,095 – $1,095 | 1 |
| 3BR | $1,600 | +$100 (+6.7%) | +$75 (+4.9%) | $1,600 – $1,600 | 1 |
| 3BR | $1,460 | −$40 (-2.7%) | −$65 (-4.3%) | $1,350 – $1,600 | 57 |
| 4BR | $1,795 | +$50 (+2.9%) | +$345 (+23.8%) | $1,600 – $1,800 | 13 |
| 4BR | $1,850 | +$105 (+6.0%) | +$400 (+27.6%) | $1,850 – $1,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — June 2023
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,025 | $1,243 | −$217 (-17.5%) |
| Studio | $675 | $1,243 | −$567 (-45.7%) |
| 1BR | $1,125 | $1,400 | −$275 (-19.6%) |
| 1BR | $1,150 | $1,400 | −$250 (-17.9%) |
| 2BR | $1,230 | $1,700 | −$470 (-27.6%) |
| 2BR | $1,095 | $1,700 | −$605 (-35.6%) |
| 3BR | $1,600 | $2,275 | −$675 (-29.7%) |
| 3BR | $1,460 | $2,275 | −$815 (-35.8%) |
| 4BR | $1,795 | $2,500 | −$705 (-28.2%) |
| 4BR | $1,850 | $2,500 | −$650 (-26.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.