Monthly Rent Report
North Lawndale Rent Report — May 2025
Asking rents in ZIP 60623, Chicago, from 72 listings.
Median 1BR rent in North Lawndale was $1,595 in May 2025, up 18.1% (+$245) from April 2025 and up 45.0% year-over-year. The middle half of 1BR listings asked between $1,595 and $1,595. That puts North Lawndale in line with the Chicago citywide 1BR median of $1,575. The month's figures are based on 72 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $850 | +$50 (+6.3%) | +$125 (+17.2%) | $850 – $850 | 1 |
| 1BR | $1,595 | +$245 (+18.1%) | +$495 (+45.0%) | $1,595 – $1,595 | 2 |
| 1BR | $1,595 | +$245 (+18.1%) | +$495 (+45.0%) | $1,595 – $1,595 | 2 |
| 2BR | $1,230 | −$65 (-5.0%) | +$30 (+2.5%) | $1,175 – $1,400 | 51 |
| 2BR | $1,500 | +$205 (+15.8%) | +$300 (+25.0%) | $1,500 – $1,500 | 1 |
| 3BR | $1,625 | −$175 (-9.7%) | −$37 (-2.3%) | $1,625 – $1,625 | 1 |
| 3BR | $1,900 | +$100 (+5.6%) | +$238 (+14.3%) | $1,900 – $2,000 | 7 |
| 4BR | $2,025 | +$425 (+26.6%) | −$575 (-22.1%) | $1,850 – $2,200 | 4 |
| 4BR | $1,850 | +$250 (+15.6%) | −$750 (-28.8%) | $1,850 – $1,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
North Lawndale vs. Chicago — May 2025
| Bedrooms | North Lawndale Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $850 | $1,398 | −$547 (-39.2%) |
| 1BR | $1,595 | $1,575 | +$20 (+1.3%) |
| 1BR | $1,595 | $1,575 | +$20 (+1.3%) |
| 2BR | $1,230 | $1,900 | −$670 (-35.3%) |
| 2BR | $1,500 | $1,900 | −$400 (-21.1%) |
| 3BR | $1,625 | $2,200 | −$575 (-26.1%) |
| 3BR | $1,900 | $2,200 | −$300 (-13.6%) |
| 4BR | $2,025 | $2,948 | −$922 (-31.3%) |
| 4BR | $1,850 | $2,948 | −$1,097 (-37.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2025.