Monthly Rent Report
North Lawndale Rent Report — April 2024
Asking rents in ZIP 60623, Chicago, from 255 listings.
Median 1BR rent in North Lawndale was $1,050 in April 2024, down 12.5% (−$150) from March 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $985 and $1,145. That puts North Lawndale $450 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 255 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $900 | −$50 (-5.3%) | −$508 (-36.1%) | $800 – $1,163 | 18 |
| Studio | $900 | −$50 (-5.3%) | −$508 (-36.1%) | $763 – $1,013 | 10 |
| 1BR | $1,050 | −$150 (-12.5%) | $0 (0.0%) | $985 – $1,145 | 34 |
| 1BR | $1,100 | −$100 (-8.3%) | +$50 (+4.8%) | $1,100 – $1,100 | 1 |
| 2BR | $1,595 | +$395 (+32.9%) | +$355 (+28.6%) | $1,595 – $1,595 | 1 |
| 2BR | $1,598 | +$398 (+33.1%) | +$358 (+28.8%) | $1,499 – $1,696 | 2 |
| 3BR | $1,500 | −$150 (-9.1%) | +$205 (+15.8%) | $1,500 – $1,500 | 1 |
| 3BR | $1,650 | $0 (0.0%) | +$355 (+27.4%) | $1,450 – $1,800 | 129 |
| 4BR | $1,800 | −$282 (-13.6%) | −$50 (-2.7%) | $1,749 – $2,200 | 32 |
| 4BR | $1,800 | −$282 (-13.6%) | −$50 (-2.7%) | $1,800 – $2,050 | 16 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — April 2024
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $900 | $1,222 | −$322 (-26.4%) |
| Studio | $900 | $1,222 | −$322 (-26.4%) |
| 1BR | $1,050 | $1,500 | −$450 (-30.0%) |
| 1BR | $1,100 | $1,500 | −$400 (-26.7%) |
| 2BR | $1,595 | $1,850 | −$255 (-13.8%) |
| 2BR | $1,598 | $1,850 | −$252 (-13.6%) |
| 3BR | $1,500 | $2,300 | −$800 (-34.8%) |
| 3BR | $1,650 | $2,300 | −$650 (-28.3%) |
| 4BR | $1,800 | $2,800 | −$1,000 (-35.7%) |
| 4BR | $1,800 | $2,800 | −$1,000 (-35.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.