Monthly Rent Report
North Lawndale Rent Report — October 2024
Asking rents in ZIP 60623, Chicago, from 55 listings.
Median 1BR rent in North Lawndale was $1,125 in October 2024, down 5.9% (−$70) from September 2024 and up 12.5% year-over-year. The middle half of 1BR listings asked between $1,069 and $1,125. That puts North Lawndale $312 below the Chicago citywide 1BR median of $1,437. The month's figures are based on 55 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | −$3,200 (-72.7%) | +$505 (+72.7%) | $1,200 – $1,200 | 1 |
| 1BR | $1,125 | −$70 (-5.9%) | +$125 (+12.5%) | $1,069 – $1,125 | 4 |
| 1BR | $900 | −$295 (-24.7%) | −$100 (-10.0%) | $900 – $900 | 1 |
| 2BR | $1,363 | −$137 (-9.2%) | +$338 (+32.9%) | $1,269 – $1,456 | 2 |
| 2BR | $1,025 | −$475 (-31.7%) | $0 (0.0%) | $1,000 – $1,213 | 24 |
| 3BR | $1,700 | −$275 (-13.9%) | +$450 (+36.0%) | $1,700 – $1,700 | 1 |
| 3BR | $1,400 | −$575 (-29.1%) | +$150 (+12.0%) | $1,300 – $1,475 | 18 |
| 4BR | $1,500 | −$500 (-25.0%) | −$250 (-14.3%) | $1,500 – $1,500 | 2 |
| 4BR | $1,850 | −$150 (-7.5%) | +$100 (+5.7%) | $1,850 – $1,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — October 2024
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,298 | −$97 (-7.5%) |
| 1BR | $1,125 | $1,437 | −$311 (-21.7%) |
| 1BR | $900 | $1,437 | −$536 (-37.3%) |
| 2BR | $1,363 | $1,770 | −$407 (-23.0%) |
| 2BR | $1,025 | $1,770 | −$744 (-42.1%) |
| 3BR | $1,700 | $2,305 | −$605 (-26.2%) |
| 3BR | $1,400 | $2,305 | −$905 (-39.3%) |
| 4BR | $1,500 | $2,995 | −$1,495 (-49.9%) |
| 4BR | $1,850 | $2,995 | −$1,145 (-38.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.