Average Rent in Lakeview, Chicago, IL

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Current Versus Historical Lakeview, Chicago, IL Rents

Lakeview rentals average $1,430 for a studio rental to $4,495 for a 4-bedroom rental. The median price of all currently available listings is $2,395, or roughly $3 per square feet.

For the apartment units and housing in March 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $107 (7.97%) year-over-year from $1,343 to $1,450. 1-bedroom rentals prices have increased by $281 (15.48%) year-over-year from $1,815 to $2,096. 2-bedroom rentals prices have increased by $159 (6.15%) year-over-year from $2,591 to $2,750. 3-bedroom rentals prices have increased by $218 (6.43%) year-over-year from $3,380 to $3,598. 4-bedroom rentals prices have increased by $568 (13.12%) year-over-year from $4,332 to $4,900. 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 1.36% this month. 1-bedroom rents have gone up by 5.47% this month. 2-bedroom rents have gone up by 2.01% this month. 3-bedroom rents have gone down by 11.48% this month. 4-bedroom rents have gone up by 5.02% this month.

Beds	Price / Sqft	Mar 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.56	$1,450	$1,343 (7.97%)	$1,152 (25.83%)
1 BR	$3.06	$2,096	$1,815 (15.48%)	$1,589 (31.89%)
2 BR	$2.88	$2,750	$2,591 (6.15%)	$2,097 (31.16%)
3 BR	$2.63	$3,598	$3,380 (6.43%)	$2,787 (29.10%)
4+ BR	$2.73	$4,900	$4,332 (13.12%)	$3,862 (26.89%)

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 $2,498 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Chicago, IL, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Lakeview, Chicago, IL is Evanston, IL. Monthly rents here are on average $2,795 per month.

Let's compare Lakeview, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 7.33% more expensive. Two bedrooms in Lakeview, Chicago, IL are about 16.25% more expensive. Finally, rent for three bedrooms are about 9.53% 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
Chicago, IL	$1,343	$1,895	$2,200	$2,100
Schaumburg, IL	N/A	$2,065	$2,375	$2,181
Naperville, IL	N/A	$1,739	$2,299	$2,498
Aurora, IL	N/A	$1,400	$2,150	$2,548
Evanston, IL	$1,450	$2,198	$2,798	$2,795

Top Neighborhoods Near Lakeview

There are a total of 11 neighborhoods in or near Lakeview. Some of these neighborhoods include South Shore, Uptown, and Rogers Park. We've included all of these top 11 neighborhoods in or near Lakeview, Chicago, IL in the following chart.

The average rent for these 11 neighborhoods in or near Lakeview, Chicago, IL is currently around $2,250 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,250. Out of all the neighborhoods in or near Lakeview, South Shore has the most affordable average rent at $1,450 per month. Whereas, at $3,125 average rent per month, The Loop is the most expensive neighborhood in or near Lakeview. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Shore, Chicago, IL	$923	$1,150	$1,450	$1,450
Uptown, Chicago, IL	$1,195	$1,663	$2,225	$1,650
Rogers Park, Chicago, IL	$1,177	$1,515	$1,875	$1,675
Edgewater, Chicago, IL	$1,300	$1,648	$2,125	$1,695
West Rogers Park, Chicago, IL	N/A	$1,450	$2,099	$2,095
Logan Square, Chicago, IL	$1,450	$1,975	$2,263	$2,250
Bronzeville, Chicago, IL	$1,125	$1,400	$1,998	$2,360
Hyde Park, Chicago, IL	$1,290	$1,750	$2,175	$2,395
South Loop, Chicago, IL	$1,780	$2,150	$2,900	$2,717
Near North Side, Chicago, IL	$1,800	$2,400	$4,000	$2,800
The Loop, Chicago, IL	$1,910	$2,300	$3,600	$3,125

Top Counties Near Lakeview

There are a total of 11 counties located by Lakeview, Chicago, IL. Some of these counties include Chicago, IL, Downers Grove, IL, and Milton, IL. The average rent for rentals in these counties is $2,200. That's roughly around $2 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Chicago, IL. It's average rent per month is $2,100. Vice versa, with an average rent of $2,795, Evanston, IL is the most expensive county by Lakeview, Chicago, IL.

In comparison, rent for one bedroom listings in Lakeview, Chicago, IL is 7.33% more expensive than other counties nearby. Finally, rent for two bedrooms in Lakeview, Chicago, IL is 18.03% more expensive than other counties nearby. We've listed the top 7 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Chicago, IL	$1,343	$1,895	$2,200	$2,100
Downers Grove, IL	N/A	$1,749	$2,197	$2,149
Milton, IL	N/A	$1,899	$2,293	$2,195
Schaumburg, IL	N/A	$2,051	$2,250	$2,200
Naperville, IL	N/A	$1,739	$2,237	$2,400
Leyden, IL	$1,245	$1,413	$2,750	$2,650
Evanston, IL	$1,450	$2,198	$2,798	$2,795

Top Zipcodes Near Lakeview

There are a total of 4 zipcodes in or near Lakeview, Chicago, IL. The average rent for all of these zipcodes is $2,069. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60641, Chicago, IL at $1,663 per month. In comparison, the zipcode with the most expensive average rent of $2,250 per month is 60618, Chicago, IL.

Studios in these zipcodes have an average rent of $1,270. 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 $1,663 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,056 per month. Which comes out to $2 per sqft. The following chart includes the top 4 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
60618, Chicago, IL	$1,265	$1,625	$2,100	$2,250
60625, Chicago, IL	$1,148	$1,700	$2,123	$1,963
60641, Chicago, IL	$1,300	$1,350	$1,675	$1,663
60615, Chicago, IL	$1,275	$1,700	$2,013	$2,175

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 $2,395. 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 $1,430 and an average price per square feet of $3.56. There are a total of 40 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 $2,045 and an average price per square feet of $3.06. There are a total of 70 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 $2,745 and an average price per square feet of $2.88. There are a total of 65 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 0.08%, one bedroom rental prices have changed by 0.15%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.06% year-over-year.

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

A reasonable rent price in Lakeview, Chicago, IL is around $1,916/month. You can search for these reasonably priced rental listings on RentHop.