Average Rent in Lakeview, Chicago, IL

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Current Versus Historical Lakeview, Chicago, IL Rents

Lakeview rentals average $1,550 for a studio rental to $4,698 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 January 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $267 (20.61%) year-over-year from $1,293 to $1,560. 1-bedroom rentals prices have increased by $222 (12.46%) year-over-year from $1,778 to $2,000. 2-bedroom rentals prices have increased by $280 (11.11%) year-over-year from $2,520 to $2,800. 3-bedroom rentals prices have increased by $1,480 (44.18%) year-over-year from $3,350 to $4,830. 4-bedroom rentals prices have increased by $591 (14.75%) year-over-year from $4,007 to $4,598. 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 7.56% this month. 1-bedroom rents have gone up by 1.52% this month. 2-bedroom rents have gone up by 0.30% this month. 3-bedroom rents have gone up by 15.53% this month. 4-bedroom rents have gone up by 5.31% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.56	$1,560	$1,293 (20.61%)	$1,073 (45.30%)
1 BR	$3.07	$2,000	$1,778 (12.46%)	$1,492 (34.08%)
2 BR	$2.91	$2,800	$2,520 (11.11%)	$1,931 (44.98%)
3 BR	$2.91	$4,830	$3,350 (44.18%)	$2,715 (77.90%)
4+ BR	$2.45	$4,598	$4,007 (14.75%)	$3,700 (24.26%)

Historical Rents in Lakeview, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Lakeview

There are a total of 6 cities nearby Lakeview. The average rent in Lakeview is currently $2,561 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 $2,150, 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. One bedrooms are about 2.43% more expensive. Two bedrooms in Lakeview, Chicago, IL are about 14.78% more expensive. Finally, rent for three bedrooms are about 8.14% more expensive. Want more information? Check out the top 6 cities near Lakeview, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Chicago, IL	$1,368	$1,850	$2,200	$2,150
Schaumburg, IL	N/A	$2,047	$2,377	$2,200
Aurora, IL	N/A	$1,475	$2,148	$2,400
Oak Park, IL	N/A	$2,623	$2,595	$2,723
Evanston, IL	N/A	$2,250	$3,104	$2,848
Naperville, IL	N/A	N/A	$2,225	$2,900

Top Neighborhoods Near Lakeview

There are a total of 16 neighborhoods in or near Lakeview. Some of these neighborhoods include South Shore, Uptown, and Rogers Park. We've included all of these top 16 neighborhoods in or near Lakeview, Chicago, IL in the following chart.

The average rent for these 16 neighborhoods in or near Lakeview, Chicago, IL is currently around $2,274 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $2,274. Out of all the neighborhoods in or near Lakeview, South Shore has the most affordable average rent at $1,450 per month. Whereas, at $3,350 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	$895	$1,200	$1,450	$1,450
Uptown, Chicago, IL	$1,195	$1,619	$2,498	$1,650
Rogers Park, Chicago, IL	$1,200	$1,538	$1,875	$1,675
Edgewater, Chicago, IL	$1,320	$1,663	$2,200	$1,750
Pilsen, Chicago, IL	N/A	$1,600	$1,645	$1,900
West Rogers Park, Chicago, IL	N/A	$1,573	$1,950	$2,099
Humboldt Park, Chicago, IL	N/A	$3,063	$1,650	$2,150
Bronzeville, Chicago, IL	$1,258	$1,850	$2,065	$2,248
Woodlawn, Chicago, IL	N/A	$1,500	$1,900	$2,300
Hyde Park, Chicago, IL	$1,150	$1,475	$1,895	$2,323
Logan Square, Chicago, IL	$1,598	$2,450	$2,300	$2,343
South Loop, Chicago, IL	$1,750	$2,200	$2,800	$2,530
West Town, Chicago, IL	$2,360	$2,330	$2,600	$2,900
Near North Side, Chicago, IL	$1,799	$2,450	$3,779	$2,973
Near West Side, Chicago, IL	N/A	$2,595	$3,195	$3,098
The Loop, Chicago, IL	$1,975	$2,550	$3,425	$3,350

Top Counties Near Lakeview

There are a total of 16 counties located by Lakeview, Chicago, IL. Some of these counties include Chicago, IL, Schaumburg, IL, and Downers Grove, IL. The average rent for rentals in these counties is $2,500. 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 $2,150. Vice versa, with an average rent of $2,848, Evanston, IL is the most expensive county by Lakeview, Chicago, IL.

In comparison, rent for one bedroom listings in Lakeview, Chicago, IL is 7.36% more expensive than other counties nearby. Finally, rent for two bedrooms in Lakeview, Chicago, IL is 15.76% more expensive than other counties nearby. We've listed the top 9 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Chicago, IL	$1,368	$1,850	$2,200	$2,150
Schaumburg, IL	N/A	$2,078	$2,200	$2,195
Downers Grove, IL	N/A	$1,849	$2,195	$2,199
Milton, IL	N/A	$1,800	$2,275	$2,249
Naperville, IL	N/A	N/A	$2,250	$2,500
Libertyville, IL	N/A	$2,160	$2,417	$2,501
Leyden, IL	N/A	$1,300	$2,650	$2,650
Oak Park, IL	N/A	$2,623	$2,595	$2,723
Evanston, IL	N/A	$2,250	$3,104	$2,848

Top Zipcodes Near Lakeview

There are a total of 2 zipcodes in or near Lakeview, Chicago, IL. The average rent for all of these zipcodes is $2,200.

The following chart includes the top 2 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	$1,795	$1,995	$2,100	$2,400
60615, Chicago, IL	$1,175	$1,800	$1,850	$2,000

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 $1,550 and an average price per square feet of $3.56. There are a total of 37 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 $1,997 and an average price per square feet of $3.07. There are a total of 77 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 $2,700 and an average price per square feet of $2.91. There are a total of 63 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 0.21%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by 0.44% 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.