Lake View, Chicago, IL Rental Market Trends
Average rent in Lake View, Chicago, IL by Number of Bedrooms
The average rent for an apartment listing in Lake View, Chicago, IL ranges from $2,170 ($4.17 per sqft) for studios to $3,800 ($2.46 per sqft) for 3BR units in Lake View, Chicago, IL. The chart below shows the average rent in Lake View, Chicago, IL for apartments by number of bedrooms:
Average apartment size in Lake View, Chicago, IL
The average apartment size in Lake View, Chicago, IL is 1,021 sqft, which is 2% above the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Lake View, Chicago, IL for each unit type:
Average Rent in Chicago, IL by Neighborhood
There are 69 neighborhoods in Chicago, IL . Lincoln Park is the most expensive neighborhood, with an average rent of $4,225 ($4.81 per sqft), and West Garfield Park is the most affordable neighborhood in Chicago, IL , with an average rent of $750 ($3.00 per sqft). The following tables show the Top 5 neighborhoods in Chicago, IL by average rent and the top 5 most affordable neighborhoods in Chicago, IL by average rent:
Top 5 most expensive neighborhoods in Chicago, IL by average rent:
Top 5 most affordable neighborhoods in Chicago, IL by average rent:
Average Rent in Chicago, IL by Zip Code
There are 50 zip codes in Chicago, IL . 60614 is the most expensive zip code, with an average rent of $3,565 ($4.04 per sqft), and 60619 is the most affordable zip code in Chicago, IL , with an average rent of $920 ($1.35 per sqft). The following tables show the Top 5 zip codes in Chicago, IL by average rent and the top 5 most affordable zip codes in Chicago, IL by average rent:
Top 5 most expensive zip codes in Chicago, IL by average rent:
Top 5 most affordable zip codes in Chicago, IL by average rent:
Average Apartment Listing Volume and Average Time on Market in Lake View, Chicago, IL
Average number of days on market in Lake View, Chicago, IL
The average listing remains on the market for 9 days in Lake View, Chicago, IL. This is lesser than the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Lake View, Chicago, IL:
Available Apartments in Lake View, Chicago, IL by Unit Type
On May 28, 2023 Hello Data, Inc. surveyed 104 active apartment listings in Lake View, Chicago, IL. The graph below shows the breakdown of multifamily units listed by bedroom count:
Frequently Asked Questions – Lake View, Chicago, IL Average Rents
What are the most affordable neighborhoods in Chicago, IL?
The most affordable neighborhoods in Chicago, IL are West Garfield Park, where the average rent is $750 ($3.00 per sqft) and East Chatham, where renters pay $880 ($1.35 per sqft) per month on average.
What are the most expensive neighborhoods in Chicago, IL?
The most expensive neighborhoods in Chicago, IL are Lincoln Park, with an average rent of $4,225 ($4.81 per sqft) and Wrightwood Neighbors, with an average rent of $3,840 ($3.32 per sqft) per month.
What are the most popular neighborhoods in Chicago, IL?
The most popular neighborhoods in Chicago, IL are South Loop, with 615 active listings as of May 28, 2023 and Streeterville, with 460 active listings as of May 28, 2023.
How much is a Studio apartment in Lake View, Chicago, IL?
The average monthly rental price for Studio apartments in Lake View, Chicago, IL is $2,170 ($4.17 per sqft).
How much is a 1 Bedroom apartment in Lake View, Chicago, IL?
The average monthly rental price for 1 Bedroom apartments in Lake View, Chicago, IL is $2,060 ($2.92 per sqft).
How much is a 2 Bedroom apartment in Lake View, Chicago, IL?
The average monthly rental price for 2 Bedroom apartments in Lake View, Chicago, IL is $2,930 ($2.44 per sqft).
How much is a 3 Bedroom apartment in Lake View, Chicago, IL?
The average monthly rental price for 3 Bedroom apartments in Lake View, Chicago, IL is $3,800 ($2.46 per sqft).