Monthly Rent Report
North Lawndale Rent Report — December 2023
Asking rents in ZIP 60623, Chicago, from 67 listings.
Median 1BR rent in North Lawndale was $965 in December 2023, up 3.8% (+$35) from November 2023 and down 12.3% year-over-year. The middle half of 1BR listings asked between $930 and $1,033. That puts North Lawndale $490 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 67 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $965 | +$35 (+3.8%) | −$135 (-12.3%) | $930 – $1,033 | 3 |
| 1BR | $930 | $0 (0.0%) | −$170 (-15.5%) | $913 – $948 | 2 |
| 2BR | $1,500 | +$200 (+15.4%) | +$300 (+25.0%) | $1,400 – $1,600 | 5 |
| 2BR | $1,150 | −$150 (-11.5%) | −$50 (-4.2%) | $1,150 – $1,150 | 1 |
| 3BR | $1,200 | −$312 (-20.7%) | −$300 (-20.0%) | $1,200 – $1,950 | 27 |
| 3BR | $1,688 | +$175 (+11.6%) | +$188 (+12.5%) | $1,531 – $1,844 | 2 |
| 4BR | $1,600 | −$200 (-11.1%) | −$80 (-4.8%) | $1,400 – $4,200 | 11 |
| 4BR | $4,200 | +$2,400 (+133.3%) | +$2,520 (+149.9%) | $3,500 – $4,200 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — December 2023
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $965 | $1,455 | −$490 (-33.7%) |
| 1BR | $930 | $1,455 | −$525 (-36.1%) |
| 2BR | $1,500 | $1,800 | −$300 (-16.7%) |
| 2BR | $1,150 | $1,800 | −$650 (-36.1%) |
| 3BR | $1,200 | $2,472 | −$1,272 (-51.5%) |
| 3BR | $1,688 | $2,472 | −$784 (-31.7%) |
| 4BR | $1,600 | $2,630 | −$1,030 (-39.2%) |
| 4BR | $4,200 | $2,630 | +$1,570 (+59.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.