Monthly Rent Report
North Lawndale Rent Report — July 2024
Asking rents in ZIP 60623, Chicago, from 152 listings.
Median 1BR rent in North Lawndale was $1,150 in July 2024, up 17.9% (+$175) from June 2024 and up 4.5% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,250. That puts North Lawndale $410 below the Chicago citywide 1BR median of $1,560. The month's figures are based on 152 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,050 | +$275 (+35.5%) | +$25 (+2.4%) | $1,050 – $1,050 | 1 |
| Studio | $7,700 | +$6,925 (+893.5%) | +$6,675 (+651.2%) | $7,700 – $7,700 | 1 |
| 1BR | $1,150 | +$175 (+17.9%) | +$50 (+4.5%) | $1,100 – $1,250 | 13 |
| 1BR | $1,100 | +$125 (+12.8%) | $0 (0.0%) | $1,100 – $1,100 | 1 |
| 2BR | $1,230 | +$130 (+11.8%) | −$70 (-5.4%) | $1,175 – $1,400 | 102 |
| 2BR | $1,350 | +$250 (+22.7%) | +$50 (+3.8%) | $1,350 – $1,350 | 1 |
| 3BR | $1,700 | +$50 (+3.0%) | +$200 (+13.3%) | $1,700 – $1,700 | 1 |
| 3BR | $1,643 | −$7 (-0.5%) | +$143 (+9.5%) | $1,500 – $1,800 | 24 |
| 4BR | $2,150 | +$155 (+7.8%) | +$500 (+30.3%) | $1,950 – $2,300 | 4 |
| 4BR | $1,950 | −$45 (-2.3%) | +$300 (+18.2%) | $1,925 – $1,975 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — July 2024
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,050 | $1,218 | −$168 (-13.8%) |
| Studio | $7,700 | $1,218 | +$6,482 (+532.1%) |
| 1BR | $1,150 | $1,560 | −$410 (-26.3%) |
| 1BR | $1,100 | $1,560 | −$460 (-29.5%) |
| 2BR | $1,230 | $1,805 | −$575 (-31.9%) |
| 2BR | $1,350 | $1,805 | −$455 (-25.2%) |
| 3BR | $1,700 | $2,363 | −$662 (-28.0%) |
| 3BR | $1,643 | $2,363 | −$720 (-30.5%) |
| 4BR | $2,150 | $2,789 | −$639 (-22.9%) |
| 4BR | $1,950 | $2,789 | −$839 (-30.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.