Monthly Rent Report
North Lawndale Rent Report — July 2023
Asking rents in ZIP 60623, Chicago, from 147 listings.
Median 1BR rent in North Lawndale was $1,100 in July 2023, down 4.3% (−$50) from June 2023 and up 0.5% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,200. That puts North Lawndale $350 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 147 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,025 | $0 (0.0%) | +$250 (+32.3%) | $1,025 – $1,025 | 1 |
| Studio | $1,025 | $0 (0.0%) | +$250 (+32.3%) | $1,025 – $1,025 | 2 |
| 1BR | $1,100 | −$50 (-4.3%) | +$5 (+0.5%) | $1,000 – $1,200 | 20 |
| 1BR | $1,025 | −$125 (-10.9%) | −$70 (-6.4%) | $990 – $1,098 | 7 |
| 2BR | $1,095 | −$135 (-11.0%) | −$55 (-4.8%) | $1,095 – $1,095 | 1 |
| 2BR | $1,300 | +$70 (+5.7%) | +$150 (+13.0%) | $1,175 – $1,400 | 74 |
| 3BR | $2,000 | +$540 (+37.0%) | +$550 (+37.9%) | $2,000 – $2,000 | 1 |
| 3BR | $1,500 | +$40 (+2.7%) | +$50 (+3.4%) | $1,350 – $1,600 | 26 |
| 4BR | $1,650 | −$200 (-10.8%) | −$125 (-7.0%) | $1,650 – $1,750 | 3 |
| 4BR | $1,650 | −$200 (-10.8%) | −$125 (-7.0%) | $1,625 – $1,661 | 9 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — July 2023
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,025 | $1,200 | −$175 (-14.6%) |
| Studio | $1,025 | $1,200 | −$175 (-14.6%) |
| 1BR | $1,100 | $1,450 | −$350 (-24.1%) |
| 1BR | $1,025 | $1,450 | −$425 (-29.3%) |
| 2BR | $1,095 | $1,795 | −$700 (-39.0%) |
| 2BR | $1,300 | $1,795 | −$495 (-27.6%) |
| 3BR | $2,000 | $2,273 | −$272 (-12.0%) |
| 3BR | $1,500 | $2,273 | −$772 (-34.0%) |
| 4BR | $1,650 | $2,709 | −$1,058 (-39.1%) |
| 4BR | $1,650 | $2,709 | −$1,058 (-39.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.