Monthly Rent Report
North Lawndale Rent Report — September 2023
Asking rents in ZIP 60623, Chicago, from 23 listings.
Median 1BR rent in North Lawndale was $900 in September 2023, down 12.6% (−$130) from August 2023 and down 5.3% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts North Lawndale $550 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 23 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $695 | −$27 (-3.8%) | +$10 (+1.5%) | $695 – $695 | 1 |
| Studio | $695 | −$27 (-3.8%) | +$10 (+1.5%) | $695 – $695 | 1 |
| 1BR | $900 | −$130 (-12.6%) | −$50 (-5.3%) | $900 – $900 | 1 |
| 1BR | $1,200 | +$170 (+16.5%) | +$250 (+26.3%) | $1,200 – $1,200 | 1 |
| 2BR | $1,450 | +$355 (+32.4%) | +$250 (+20.8%) | $1,450 – $1,450 | 1 |
| 2BR | $1,300 | +$205 (+18.7%) | +$100 (+8.3%) | $1,198 – $1,400 | 3 |
| 3BR | $1,600 | +$375 (+30.6%) | −$95 (-5.6%) | $1,400 – $1,650 | 7 |
| 3BR | $1,485 | +$260 (+21.2%) | −$210 (-12.4%) | $1,485 – $1,485 | 1 |
| 4BR | $1,520 | +$70 (+4.8%) | +$245 (+19.2%) | $1,520 – $1,520 | 1 |
| 4BR | $1,750 | +$300 (+20.7%) | +$475 (+37.3%) | $1,700 – $1,850 | 5 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — September 2023
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $695 | $1,238 | −$542 (-43.8%) |
| Studio | $695 | $1,238 | −$542 (-43.8%) |
| 1BR | $900 | $1,450 | −$550 (-37.9%) |
| 1BR | $1,200 | $1,450 | −$250 (-17.2%) |
| 2BR | $1,450 | $1,738 | −$287 (-16.5%) |
| 2BR | $1,300 | $1,738 | −$437 (-25.2%) |
| 3BR | $1,600 | $2,327 | −$727 (-31.2%) |
| 3BR | $1,485 | $2,327 | −$842 (-36.2%) |
| 4BR | $1,520 | $2,783 | −$1,263 (-45.4%) |
| 4BR | $1,750 | $2,783 | −$1,033 (-37.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.