Monthly Rent Report
North Lawndale Rent Report — June 2024
Asking rents in ZIP 60623, Chicago, from 138 listings.
Median 1BR rent in North Lawndale was $1,200 in June 2024, up 4.3% (+$50) from May 2024 and up 6.7% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,300. That puts North Lawndale $299 below the Chicago citywide 1BR median of $1,499. The month's figures are based on 138 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $913 | +$188 (+25.9%) | +$238 (+35.2%) | $738 – $1,050 | 10 |
| Studio | $775 | +$50 (+6.9%) | +$100 (+14.8%) | $775 – $775 | 1 |
| 1BR | $1,200 | +$50 (+4.3%) | +$75 (+6.7%) | $1,100 – $1,300 | 81 |
| 1BR | $975 | −$175 (-15.2%) | −$150 (-13.3%) | $975 – $975 | 1 |
| 2BR | $1,100 | −$100 (-8.3%) | −$130 (-10.6%) | $1,100 – $1,100 | 1 |
| 2BR | $1,025 | −$175 (-14.6%) | −$205 (-16.7%) | $1,013 – $1,044 | 4 |
| 3BR | $1,375 | −$287 (-17.3%) | −$225 (-14.1%) | $1,375 – $1,375 | 9 |
| 3BR | $1,650 | −$12 (-0.8%) | +$50 (+3.1%) | $1,575 – $1,725 | 2 |
| 4BR | $1,375 | −$1,225 (-47.1%) | −$475 (-25.7%) | $1,375 – $1,375 | 1 |
| 4BR | $1,995 | −$605 (-23.3%) | +$145 (+7.8%) | $1,900 – $2,000 | 27 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — June 2024
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $913 | $1,149 | −$236 (-20.6%) |
| Studio | $775 | $1,149 | −$374 (-32.6%) |
| 1BR | $1,200 | $1,499 | −$299 (-19.9%) |
| 1BR | $975 | $1,499 | −$524 (-34.9%) |
| 2BR | $1,100 | $1,899 | −$799 (-42.1%) |
| 2BR | $1,025 | $1,899 | −$874 (-46.0%) |
| 3BR | $1,375 | $2,395 | −$1,020 (-42.6%) |
| 3BR | $1,650 | $2,395 | −$745 (-31.1%) |
| 4BR | $1,375 | $2,698 | −$1,322 (-49.0%) |
| 4BR | $1,995 | $2,698 | −$702 (-26.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.