Monthly Rent Report
North Lawndale Rent Report — February 2024
Asking rents in ZIP 60623, Chicago, from 219 listings.
Median 1BR rent in North Lawndale was $1,198 in February 2024, down 6.1% (−$77) from January 2024 and up 4.1% year-over-year. The middle half of 1BR listings asked between $1,013 and $1,250. That puts North Lawndale $303 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 219 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,050 | $0 (0.0%) | −$306 (-22.6%) | $1,050 – $1,050 | 6 |
| Studio | $1,050 | $0 (0.0%) | −$306 (-22.6%) | $950 – $1,050 | 14 |
| 1BR | $1,198 | −$77 (-6.1%) | +$48 (+4.1%) | $1,013 – $1,250 | 46 |
| 1BR | $1,095 | −$180 (-14.1%) | −$55 (-4.8%) | $995 – $1,195 | 6 |
| 2BR | $1,113 | −$287 (-20.5%) | −$87 (-7.3%) | $1,044 – $1,181 | 2 |
| 2BR | $1,250 | −$150 (-10.7%) | +$50 (+4.2%) | $1,250 – $1,250 | 1 |
| 3BR | $1,650 | −$97 (-5.6%) | +$200 (+13.8%) | $1,650 – $1,650 | 1 |
| 3BR | $1,600 | −$147 (-8.4%) | +$150 (+10.3%) | $1,350 – $1,700 | 105 |
| 4BR | $1,800 | +$150 (+9.1%) | +$400 (+28.6%) | $1,400 – $2,000 | 5 |
| 4BR | $2,000 | +$350 (+21.2%) | +$600 (+42.9%) | $1,800 – $2,000 | 29 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — February 2024
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,050 | $1,211 | −$161 (-13.3%) |
| Studio | $1,050 | $1,211 | −$161 (-13.3%) |
| 1BR | $1,198 | $1,500 | −$302 (-20.2%) |
| 1BR | $1,095 | $1,500 | −$405 (-27.0%) |
| 2BR | $1,113 | $1,813 | −$700 (-38.6%) |
| 2BR | $1,250 | $1,813 | −$562 (-31.0%) |
| 3BR | $1,650 | $2,300 | −$650 (-28.3%) |
| 3BR | $1,600 | $2,300 | −$700 (-30.4%) |
| 4BR | $1,800 | $2,792 | −$991 (-35.5%) |
| 4BR | $2,000 | $2,792 | −$791 (-28.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.