Monthly Rent Report
North Lawndale Rent Report — November 2024
Asking rents in ZIP 60623, Chicago, from 23 listings.
Median 1BR rent in North Lawndale was $1,400 in November 2024, up 55.6% (+$500) from October 2024 and up 50.5% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,400. That puts North Lawndale $175 below the Chicago citywide 1BR median of $1,575. The month's figures are based on 23 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $7,700 | +$6,500 (+541.7%) | +$7,005 (+1007.9%) | $7,700 – $7,700 | 2 |
| 1BR | $1,400 | +$500 (+55.6%) | +$470 (+50.5%) | $1,400 – $1,400 | 1 |
| 1BR | $850 | −$50 (-5.6%) | −$80 (-8.6%) | $850 – $850 | 1 |
| 2BR | $1,450 | +$88 (+6.4%) | +$150 (+11.5%) | $1,150 – $1,563 | 6 |
| 2BR | $1,375 | +$13 (+0.9%) | +$75 (+5.8%) | $1,363 – $1,388 | 2 |
| 3BR | $1,700 | +$300 (+21.4%) | +$188 (+12.4%) | $1,700 – $1,700 | 2 |
| 3BR | $1,650 | +$250 (+17.9%) | +$138 (+9.1%) | $1,650 – $1,650 | 7 |
| 4BR | $1,650 | +$150 (+10.0%) | −$150 (-8.3%) | $1,650 – $1,650 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — November 2024
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $7,700 | $1,292 | +$6,408 (+496.0%) |
| 1BR | $1,400 | $1,575 | −$175 (-11.1%) |
| 1BR | $850 | $1,575 | −$725 (-46.0%) |
| 2BR | $1,450 | $1,945 | −$495 (-25.4%) |
| 2BR | $1,375 | $1,945 | −$570 (-29.3%) |
| 3BR | $1,700 | $2,200 | −$500 (-22.7%) |
| 3BR | $1,650 | $2,200 | −$550 (-25.0%) |
| 4BR | $1,650 | $2,990 | −$1,340 (-44.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2024.