Average Rent in Lakeview, Chicago, IL

Current Versus Historical Lakeview, Chicago, IL Rents

Lakeview rentals average $1,345 for a studio rental to $4,348 for a 4-bedroom rental. The median price of all currently available listings is $2,090, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $228 (17.95%) year-over-year from $1,268 to $1,495. 1-bedroom rentals prices have increased by $82 (4.50%) year-over-year from $1,813 to $1,895. 2-bedroom rentals prices have increased by $128 (5.26%) year-over-year from $2,423 to $2,550. 3-bedroom rentals prices have increased by $174 (5.41%) year-over-year from $3,221 to $3,395. 4-bedroom rentals prices have increased by $767 (20.56%) year-over-year from $3,728 to $4,495. 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 up by 8.75% this month. 1-bedroom rents have gone up by 3.55% this month. 2-bedroom rents have gone down by 1.67% this month. 3-bedroom rents have gone up by 0.44% this month. 4-bedroom rents have gone up by 3.77% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.99	$1,495	$1,268 (17.95%)	$1,080 (38.43%)
1 BR	$2.72	$1,895	$1,813 (4.50%)	$1,480 (28.04%)
2 BR	$2.67	$2,550	$2,423 (5.26%)	$1,955 (30.43%)
3 BR	$2.46	$3,395	$3,221 (5.41%)	$2,465 (37.73%)
4+ BR	$2.53	$4,495	$3,728 (20.56%)	$3,467 (29.66%)

Historical Rents in Lakeview, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Lakeview

There are a total of 5 cities nearby Lakeview. The average rent in Lakeview is currently $2,105 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Evanston, 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 $2,850 per month.

Let's compare Lakeview, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 5.14% more expensive. Two bedrooms in Lakeview, Chicago, IL are about 11.76% more expensive. Finally, rent for three bedrooms are about 10.78% more expensive. Want more information? Check out the top 5 cities near Lakeview, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,595	$2,150	$1,975
Chicago, IL	$1,345	$1,755	$2,250	$2,000
Schaumburg, IL	N/A	$1,995	$2,350	$2,105
Wheaton, IL	N/A	$1,960	$2,320	$2,320
Naperville, IL	N/A	$1,650	$2,250	$2,850

Top Neighborhoods Near Lakeview

There are a total of 14 neighborhoods in or near Lakeview. Some of these neighborhoods include Edgewater, Ravenswood, and Rogers Park. We've included all of these top 14 neighborhoods in or near Lakeview, Chicago, IL in the following chart.

The average rent for these 14 neighborhoods in or near Lakeview, Chicago, IL is currently around $1,925 per month. A total of 9 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $1,925. Out of all the neighborhoods in or near Lakeview, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,800 average rent per month, South Loop is the most expensive neighborhood in or near Lakeview. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Edgewater, Chicago, IL	$1,121	$1,550	$2,200	$1,550
Ravenswood, Chicago, IL	$1,220	$1,550	$2,570	$1,600
Rogers Park, Chicago, IL	$1,098	$1,350	$1,850	$1,600
Uptown, Chicago, IL	$1,100	$1,600	$2,250	$1,635
West Rogers Park, Chicago, IL	$1,200	$1,325	$1,800	$1,700
Albany Park, Chicago, IL	$1,050	$1,420	$1,900	$1,738
Lincoln Park, Chicago, IL	$1,385	$1,963	$2,805	$1,875
Humboldt Park, Chicago, IL	N/A	$1,775	$1,813	$1,975
Logan Square, Chicago, IL	$1,250	$1,795	$2,050	$1,995
Hyde Park, Chicago, IL	$1,250	$1,673	$2,000	$2,200
DePaul, Chicago, IL	$1,595	$2,270	$2,375	$2,325
Near North Side, Chicago, IL	$1,860	$2,350	$3,500	$2,555
The Loop, Chicago, IL	N/A	$2,475	$3,300	$2,788
South Loop, Chicago, IL	$1,648	$2,225	$3,000	$2,800

Top Counties Near Lakeview

There are a total of 14 counties located by Lakeview, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,100. That's roughly around $2 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Evanston, IL. It's average rent per month is $1,975. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by Lakeview, Chicago, IL.

Typically, rent for studios in Lakeview, Chicago, IL is 55.95% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Lakeview, Chicago, IL is 3.24% more expensive than other counties nearby. Finally, rent for two bedrooms in Lakeview, Chicago, IL is 12.57% more expensive than other counties nearby. We've listed the top 6 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,595	$2,150	$1,975
Chicago, IL	$1,345	$1,755	$2,250	$2,000
Schaumburg, IL	$1,195	$1,985	$2,400	$2,098
Downers Grove, IL	N/A	$1,825	$2,209	$2,103
Milton, IL	N/A	$1,960	$2,320	$2,320
Naperville, IL	N/A	$1,663	$2,200	$2,700

Top Zipcodes Near Lakeview

There are a total of 21 zipcodes in or near Lakeview, Chicago, IL. The average rent for all of these zipcodes is $2,100. A total of 10 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60660, Chicago, IL at $1,550 per month. In comparison, the zipcode with the most expensive average rent of $2,998 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,250. That's at least $3 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 $1,890 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,398 per month. Which comes out to $2 per sqft. The following chart 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	$1,345	$1,898	$2,593	$2,072
60613, Chicago, IL	$1,300	$1,695	$2,585	$1,943
60614, Chicago, IL	$1,603	$2,295	$2,851	$2,295
60640, Chicago, IL	$1,121	$1,550	$2,398	$1,550
60618, Chicago, IL	$1,400	$1,488	$1,900	$1,900
60642, Chicago, IL	$1,929	$2,225	$2,600	$2,675
60647, Chicago, IL	$1,250	$1,890	$2,150	$2,100
60610, Chicago, IL	$1,868	$2,300	$3,500	$2,625
60660, Chicago, IL	$1,120	$1,500	$1,995	$1,550
60625, Chicago, IL	$1,125	$1,495	$2,100	$1,650

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 $2,090. 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 $1,345 and an average price per square feet of $2.99. There are a total of 107 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 $1,850 and an average price per square feet of $2.72. There are a total of 198 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 $2,550 and an average price per square feet of $2.67. There are a total of 131 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 0.18%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.05% year-over-year.

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

A reasonable rent price in Lakeview, Chicago, IL is around $1,672/month. You can search for these reasonably priced rental listings on RentHop.