Monthly Rent Report
North Lawndale Rent Report — November 2023
Asking rents in ZIP 60623, Chicago, from 38 listings.
Median 1BR rent in North Lawndale was $930 in November 2023, down 7.0% (−$70) from October 2023 and up 8.8% year-over-year. The middle half of 1BR listings asked between $895 and $965. That puts North Lawndale $574 below the Chicago citywide 1BR median of $1,504. The month's figures are based on 38 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $695 | −$1,605 (-69.8%) | — | $675 – $695 | 5 |
| Studio | $675 | −$1,625 (-70.7%) | — | $675 – $675 | 2 |
| 1BR | $930 | −$70 (-7.0%) | +$75 (+8.8%) | $895 – $965 | 4 |
| 1BR | $965 | −$35 (-3.5%) | +$110 (+12.9%) | $965 – $965 | 1 |
| 2BR | $1,050 | +$25 (+2.4%) | −$100 (-8.7%) | $1,038 – $1,500 | 8 |
| 2BR | $1,300 | +$275 (+26.8%) | +$150 (+13.0%) | $1,300 – $1,300 | 1 |
| 3BR | $1,513 | −$87 (-5.5%) | +$28 (+1.9%) | $1,431 – $1,594 | 2 |
| 3BR | $1,425 | −$175 (-10.9%) | −$60 (-4.0%) | $1,350 – $1,500 | 8 |
| 4BR | $1,800 | +$150 (+9.1%) | +$139 (+8.4%) | $1,800 – $1,800 | 3 |
| 4BR | $1,800 | +$150 (+9.1%) | +$139 (+8.4%) | $1,800 – $1,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — November 2023
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $695 | $1,160 | −$465 (-40.1%) |
| Studio | $675 | $1,160 | −$485 (-41.8%) |
| 1BR | $930 | $1,504 | −$573 (-38.1%) |
| 1BR | $965 | $1,504 | −$538 (-35.8%) |
| 2BR | $1,050 | $1,800 | −$750 (-41.7%) |
| 2BR | $1,300 | $1,800 | −$500 (-27.8%) |
| 3BR | $1,513 | $2,298 | −$785 (-34.2%) |
| 3BR | $1,425 | $2,298 | −$872 (-38.0%) |
| 4BR | $1,800 | $2,750 | −$950 (-34.5%) |
| 4BR | $1,800 | $2,750 | −$950 (-34.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.