Average Rent in Lakeview, Chicago, IL

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Current Versus Historical Lakeview, Chicago, IL Rents

Lakeview rentals average $1,520 for a studio rental to $5,200 for a 4-bedroom rental. The median price of all currently available listings is $2,495, or roughly $41 per square feet.

For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $28 (1.86%) year-over-year from $1,522 to $1,550. 1-bedroom rentals prices have increased by $487 (26.12%) year-over-year from $1,863 to $2,350. 2-bedroom rentals prices have increased by $499 (18.83%) year-over-year from $2,651 to $3,150. 3-bedroom rentals prices have increased by $607 (15.99%) year-over-year from $3,793 to $4,400. 4-bedroom rentals prices have increased by $487 (9.61%) year-over-year from $5,063 to $5,550. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.48% this month. 1-bedroom rents have gone up by 6.05% this month. 2-bedroom rents have gone up by 1.12% this month. 3-bedroom rents have gone down by 0.83% this month. 4-bedroom rents have gone up by 7.35% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$44.64	$1,550	$1,522 (1.86%)	$1,216 (27.43%)
1 BR	$42.15	$2,350	$1,863 (26.12%)	$1,778 (32.20%)
2 BR	$39.56	$3,150	$2,651 (18.83%)	$2,468 (27.62%)
3 BR	$37.46	$4,400	$3,793 (15.99%)	$3,568 (23.31%)
4+ BR	$33.17	$5,550	$5,063 (9.61%)	$3,988 (39.16%)

Historical Rents in Lakeview, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Lakeview

There are a total of 13 cities nearby Lakeview. The average rent in Lakeview is currently $2,400 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that Elgin, IL, with an average rent of $1,975, is the most affordable city nearby. In contrast, the most expensive city near Lakeview, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,900 per month.

Let's compare Lakeview, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Lakeview, Chicago, IL is 14.47% more expensive than other cities nearby. One bedrooms are about 19.55% more expensive. Two bedrooms in Lakeview, Chicago, IL are about 29.03% more expensive. Finally, rent for three bedrooms are about 30.99% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near Lakeview, Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Oak Park, IL	$1,929	$2,399	$2,125	$2,100
Palatine, IL	$1,300	$1,500	$2,050	$2,300
Skokie, IL	$1,150	$2,300	$2,200	$2,400
Schaumburg, IL	N/A	$2,233	$2,325	$2,400
Wheaton, IL	$1,425	$1,850	$2,533	$2,411
Vernon Hills, IL	$2,074	$2,234	$2,100	$2,491
Evanston, IL	$1,915	$1,795	$2,395	$2,500
Chicago, IL	$2,147	$2,585	$3,056	$2,586
Arlington Heights, IL	$1,200	$2,000	$2,225	$2,600
Naperville, IL	N/A	$1,625	$2,350	$2,900

Top Neighborhoods Near Lakeview

There are a total of 28 neighborhoods in or near Lakeview. Some of these neighborhoods include South Shore, Edgewater, and Austin. We've included all of these top 28 neighborhoods in or near Lakeview, Chicago, IL in the following table.

The average rent for these 28 neighborhoods in or near Lakeview, Chicago, IL is currently around $2,431 per month. A total of 15 neighborhoods have a lower average rent. Meaning, only thirteen neighborhoods have a higher average rent than $2,431. Interestingly, the neighborhoods' average rent is less than Lakeview's average rent, which is actually $2,495. Out of all the neighborhoods in or near Lakeview, South Shore has the most affordable average rent at $1,575 per month. Whereas, at $3,952 average rent per month, DePaul is the most expensive neighborhood in or near Lakeview. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Shore, Chicago, IL	$995	$1,200	$1,495	$1,575
Edgewater, Chicago, IL	$1,356	$1,600	$2,498	$1,650
Austin, Chicago, IL	$1,150	$1,150	$1,600	$1,750
Rogers Park, Chicago, IL	$1,341	$1,450	$2,000	$1,784
West Rogers Park, Chicago, IL	$1,338	$1,495	$1,905	$1,903
Lawndale, Chicago, IL	$1,550	$1,400	$1,650	$1,925
Hyde Park, Chicago, IL	$1,095	$1,373	$2,350	$1,950
Uptown, Chicago, IL	$1,397	$1,990	$2,500	$1,990
Albany Park, Chicago, IL	$1,275	$1,513	$2,000	$2,000
Pilsen, Chicago, IL	$1,998	$1,498	$2,000	$2,048
Jefferson Park, Chicago, IL	$1,300	$1,500	$2,200	$2,200
Ravenswood, Chicago, IL	$1,550	$1,963	$2,650	$2,295
Humboldt Park, Chicago, IL	$1,513	$1,750	$2,075	$2,368
University Village - Little Italy, Chicago, IL	$2,004	$2,335	$3,036	$2,412
Logan Square, Chicago, IL	$1,695	$2,233	$2,551	$2,450
Bronzeville, Chicago, IL	$995	$1,700	$2,373	$2,625
Bucktown, Chicago, IL	$2,191	$2,629	$3,550	$2,641
Tri-Taylor, Chicago, IL	$2,205	$2,515	$3,059	$2,673
Lincoln Park, Chicago, IL	$1,850	$2,745	$4,144	$2,741
South Loop, Chicago, IL	$2,295	$2,658	$3,520	$2,850
The Loop, Chicago, IL	$2,398	$2,870	$4,050	$2,863
Wicker Park, Chicago, IL	$2,400	$2,880	$3,200	$2,900
Near West Side, Chicago, IL	$2,330	$2,868	$3,824	$2,945
Goose Island, Chicago, IL	$2,075	$3,052	$4,545	$3,025
Near North Side, Chicago, IL	$2,380	$2,885	$4,162	$3,032
West Loop, Chicago, IL	$2,361	$3,025	$4,142	$3,074
West Town, Chicago, IL	$2,517	$2,978	$4,268	$3,175
DePaul, Chicago, IL	$2,195	$2,650	$3,750	$3,952

Top Counties Near Lakeview

There are a total of 28 counties located by Lakeview, Chicago, IL. Some of these counties include Leyden, IL, Proviso, IL, and Oak Park, IL. The average rent for rentals in these counties is $2,400. That's roughly around $23 per sqft. A total of 15 counties have a lower average rent. The county that is the most affordable is Worth, IL. Its average rent per month is $1,800. Vice versa, with an average rent of $3,200, Vernon, IL is the most expensive county by Lakeview, Chicago, IL.

Typically, rent for studios in Lakeview, Chicago, IL is 24.34% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Lakeview, Chicago, IL is 28.23% more expensive than other counties nearby. Finally, rent for two bedrooms in Lakeview, Chicago, IL is 31.85% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Leyden, IL	N/A	$1,500	$1,895	$1,900
Proviso, IL	$1,195	$1,425	$1,800	$1,950
Oak Park, IL	$1,929	$2,399	$2,125	$2,100
Lyons, IL	$1,650	$1,500	$1,800	$2,300
Evanston, IL	$1,915	$1,795	$2,395	$2,500
Elk Grove, IL	N/A	$1,850	$1,999	$2,500
Chicago, IL	$2,147	$2,585	$3,056	$2,586
Maine, IL	N/A	$1,650	$2,100	$2,598
Niles, IL	$1,150	$2,300	$2,250	$2,700
Northfield, IL	N/A	$1,989	$2,250	$3,200

Top Zipcodes Near Lakeview

There are a total of 37 zipcodes in or near Lakeview, Chicago, IL. The average rent for all of these zipcodes is $2,448. A total of 20 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60649, Chicago, IL at $1,575 per month. In comparison, the zipcode with the most expensive average rent of $3,150 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,507. That's at least $41 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Lakeview, Chicago, IL is $1,848 per month. Or in other words, $34 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,390 per month. Which comes out to $27 per sqft. The following table includes the top 10 zipcodes in Lakeview, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60657, Chicago, IL	$1,525	$2,250	$3,250	$2,448
60613, Chicago, IL	$1,507	$2,300	$2,950	$2,500
60614, Chicago, IL	$1,950	$2,657	$4,000	$2,811
60640, Chicago, IL	$1,357	$1,950	$2,500	$1,995
60618, Chicago, IL	$1,500	$1,848	$2,133	$2,300
60642, Chicago, IL	$2,196	$2,889	$3,623	$3,063
60647, Chicago, IL	$1,695	$2,295	$2,665	$2,453
60610, Chicago, IL	$2,265	$2,711	$4,047	$2,811
60660, Chicago, IL	$1,356	$1,550	$2,489	$1,600
60625, Chicago, IL	$1,400	$1,795	$2,198	$2,150

Frequently Asked Questions - Lakeview Average Rents

What is the average rent price in Lakeview, Chicago, IL?

The average monthly rental price for Lakeview, Chicago, IL apartments for rent is approximately $2,495. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Lakeview, Chicago, IL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Lakeview, Chicago, IL.

How much is a studio apartment in Lakeview, Chicago, IL?

The average monthly rental price for studio apartments is $1,520 and an average price per square feet of $44.64. There are a total of 154 studio apartment listings currently available for rent in Lakeview.

How much is a one bedroom apartment in Lakeview, Chicago, IL?

The average monthly rental price for one bedroom apartments is $2,299 and an average price per square feet of $42.15. There are a total of 329 one bedroom apartment listings currently available for rent in Lakeview.

How much is a two bedroom apartment in Lakeview, Chicago, IL?

The average monthly rental price for two bedroom apartments is $3,100 and an average price per square feet of $39.56. There are a total of 196 two bedroom apartment listings currently available for rent in Lakeview.

How have rent prices in Lakeview, Chicago, IL changed this year?

Rent prices for rentals in Lakeview, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by 0.26%, two bedroom rental prices have changed by 0.19%, three bedroom rental prices have changed by 0.16% year-over-year.

What is a reasonable rent price in Lakeview, Chicago, IL?

A reasonable rent price in Lakeview, Chicago, IL is around $1,996/month. You can search for these reasonably priced rental listings on RentHop.