Monthly Rent Report
North Lawndale Rent Report — December 2024
Asking rents in ZIP 60623, Chicago, from 101 listings.
Median 1BR rent in North Lawndale was $1,050 in December 2024, down 25.0% (−$350) from November 2024 and up 12.9% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,100. That puts North Lawndale $600 below the Chicago citywide 1BR median of $1,650. The month's figures are based on 101 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,225 | −$3,475 (-45.1%) | — | $744 – $7,700 | 4 |
| 1BR | $1,050 | −$350 (-25.0%) | +$120 (+12.9%) | $1,000 – $1,100 | 7 |
| 1BR | $950 | −$450 (-32.1%) | +$20 (+2.2%) | $950 – $950 | 1 |
| 2BR | $1,175 | −$275 (-19.0%) | +$25 (+2.2%) | $1,175 – $1,175 | 1 |
| 2BR | $1,500 | +$50 (+3.4%) | +$350 (+30.4%) | $1,300 – $1,600 | 43 |
| 3BR | $1,800 | +$150 (+9.1%) | +$600 (+50.0%) | $1,648 – $2,000 | 23 |
| 3BR | $1,500 | −$150 (-9.1%) | +$300 (+25.0%) | $1,500 – $1,500 | 1 |
| 4BR | $1,775 | +$125 (+7.6%) | −$2,425 (-57.7%) | $1,675 – $2,250 | 18 |
| 4BR | $2,350 | +$700 (+42.4%) | −$1,850 (-44.0%) | $2,100 – $2,600 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — December 2024
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,225 | $1,385 | +$2,840 (+205.1%) |
| 1BR | $1,050 | $1,650 | −$600 (-36.4%) |
| 1BR | $950 | $1,650 | −$700 (-42.4%) |
| 2BR | $1,175 | $1,953 | −$777 (-39.8%) |
| 2BR | $1,500 | $1,953 | −$452 (-23.2%) |
| 3BR | $1,800 | $2,395 | −$595 (-24.8%) |
| 3BR | $1,500 | $2,395 | −$895 (-37.4%) |
| 4BR | $1,775 | $2,850 | −$1,075 (-37.7%) |
| 4BR | $2,350 | $2,850 | −$500 (-17.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.