Monthly Rent Report
North Lawndale Rent Report — October 2023
Asking rents in ZIP 60623, Chicago, from 85 listings.
Median 1BR rent in North Lawndale was $1,000 in October 2023, down 16.7% (−$200) from September 2023 and up 7.0% year-over-year. The middle half of 1BR listings asked between $900 and $1,200. That puts North Lawndale $475 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 85 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $695 | $0 (0.0%) | $0 (0.0%) | $690 – $1,275 | 20 |
| Studio | $2,300 | +$1,605 (+230.9%) | +$1,605 (+230.9%) | $2,300 – $2,300 | 6 |
| 1BR | $1,000 | −$200 (-16.7%) | +$65 (+7.0%) | $900 – $1,200 | 21 |
| 1BR | $1,000 | −$200 (-16.7%) | +$65 (+7.0%) | $1,000 – $1,000 | 1 |
| 2BR | $1,025 | −$275 (-21.2%) | +$150 (+17.1%) | $1,025 – $1,413 | 3 |
| 2BR | $1,600 | +$300 (+23.1%) | +$725 (+82.9%) | $1,600 – $1,600 | 2 |
| 3BR | $1,600 | $0 (0.0%) | +$100 (+6.7%) | $1,400 – $1,600 | 5 |
| 3BR | $1,250 | −$350 (-21.9%) | −$250 (-16.7%) | $1,125 – $1,375 | 2 |
| 4BR | $1,750 | +$230 (+15.1%) | −$600 (-25.5%) | $1,638 – $1,913 | 19 |
| 4BR | $1,650 | +$130 (+8.6%) | −$700 (-29.8%) | $1,650 – $1,650 | 3 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — October 2023
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $695 | $1,200 | −$505 (-42.1%) |
| Studio | $2,300 | $1,200 | +$1,100 (+91.7%) |
| 1BR | $1,000 | $1,475 | −$475 (-32.2%) |
| 1BR | $1,000 | $1,475 | −$475 (-32.2%) |
| 2BR | $1,025 | $1,800 | −$775 (-43.1%) |
| 2BR | $1,600 | $1,800 | −$200 (-11.1%) |
| 3BR | $1,600 | $2,450 | −$850 (-34.7%) |
| 3BR | $1,250 | $2,450 | −$1,200 (-49.0%) |
| 4BR | $1,750 | $2,575 | −$825 (-32.0%) |
| 4BR | $1,650 | $2,575 | −$925 (-35.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.