Monthly Rent Report
North Lawndale Rent Report — September 2024
Asking rents in ZIP 60623, Chicago, from 36 listings.
Median 1BR rent in North Lawndale was $1,195 in September 2024, up 36.6% (+$320) from August 2024 and down 0.4% year-over-year. The middle half of 1BR listings asked between $1,195 and $1,195. That puts North Lawndale $300 below the Chicago citywide 1BR median of $1,495. The month's figures are based on 36 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,400 | −$3,300 (-42.9%) | +$3,705 (+533.1%) | $2,750 – $6,050 | 2 |
| 1BR | $1,195 | +$320 (+36.6%) | −$5 (-0.4%) | $1,195 – $1,195 | 1 |
| 1BR | $1,195 | +$320 (+36.6%) | −$5 (-0.4%) | $1,195 – $1,195 | 11 |
| 2BR | $1,250 | $0 (0.0%) | −$50 (-3.8%) | $1,250 – $1,250 | 1 |
| 2BR | $1,500 | +$250 (+20.0%) | +$200 (+15.4%) | $1,500 – $1,500 | 4 |
| 3BR | $1,975 | +$125 (+6.8%) | +$490 (+33.0%) | $1,975 – $1,975 | 2 |
| 3BR | $1,600 | −$250 (-13.5%) | +$115 (+7.7%) | $1,575 – $1,625 | 2 |
| 4BR | $2,000 | +$150 (+8.1%) | +$250 (+14.3%) | $1,850 – $2,500 | 12 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — September 2024
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,400 | $1,195 | +$3,205 (+268.2%) |
| 1BR | $1,195 | $1,495 | −$300 (-20.1%) |
| 1BR | $1,195 | $1,495 | −$300 (-20.1%) |
| 2BR | $1,250 | $1,843 | −$592 (-32.2%) |
| 2BR | $1,500 | $1,843 | −$342 (-18.6%) |
| 3BR | $1,975 | $2,350 | −$375 (-16.0%) |
| 3BR | $1,600 | $2,350 | −$750 (-31.9%) |
| 4BR | $2,000 | $2,750 | −$750 (-27.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.