Monthly Rent Report
North Lawndale Rent Report — March 2024
Asking rents in ZIP 60623, Chicago, from 163 listings.
Median 1BR rent in North Lawndale was $1,200 in March 2024, up 9.6% (+$105) from February 2024 and up 31.9% year-over-year. The middle half of 1BR listings asked between $1,050 and $1,250. That puts North Lawndale $305 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 163 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $800 | −$250 (-23.8%) | +$105 (+15.1%) | $800 – $800 | 3 |
| Studio | $950 | −$100 (-9.5%) | +$255 (+36.7%) | $950 – $1,963 | 6 |
| 1BR | $1,200 | +$105 (+9.6%) | +$290 (+31.9%) | $1,050 – $1,250 | 21 |
| 1BR | $1,195 | +$100 (+9.1%) | +$285 (+31.3%) | $1,195 – $1,195 | 3 |
| 2BR | $1,200 | +$88 (+7.9%) | −$50 (-4.0%) | $1,200 – $1,200 | 1 |
| 2BR | $1,200 | +$88 (+7.9%) | −$50 (-4.0%) | $1,200 – $1,200 | 1 |
| 3BR | $1,650 | $0 (0.0%) | −$350 (-17.5%) | $1,650 – $1,650 | 1 |
| 3BR | $1,650 | $0 (0.0%) | −$350 (-17.5%) | $1,450 – $1,750 | 101 |
| 4BR | $2,083 | +$83 (+4.1%) | +$422 (+25.4%) | $1,500 – $2,200 | 16 |
| 4BR | $1,850 | −$150 (-7.5%) | +$189 (+11.4%) | $1,563 – $2,124 | 10 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — March 2024
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $800 | $1,225 | −$425 (-34.7%) |
| Studio | $950 | $1,225 | −$275 (-22.4%) |
| 1BR | $1,200 | $1,505 | −$304 (-20.2%) |
| 1BR | $1,195 | $1,505 | −$309 (-20.6%) |
| 2BR | $1,200 | $1,900 | −$700 (-36.8%) |
| 2BR | $1,200 | $1,900 | −$700 (-36.8%) |
| 3BR | $1,650 | $2,250 | −$600 (-26.7%) |
| 3BR | $1,650 | $2,250 | −$600 (-26.7%) |
| 4BR | $2,083 | $2,650 | −$567 (-21.4%) |
| 4BR | $1,850 | $2,650 | −$800 (-30.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.