Rental market snapshot for West Lawn, Chicago

West Lawn rental market summary

The rental market in West Lawn, Illinois is showing signs of growth. In July 2023, there were 27 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $1,299, a 13.4% decrease from the previous month. However, when compared to the same month in 2022, the median rent has increased by 39.2%. This suggests that the rental market in West Lawn is becoming more competitive, with more people looking for rental properties.

Overall, the rental market in West Lawn is showing signs of improvement. With more new listings and a steady increase in median rent, it is likely that the rental market will continue to grow in the coming months. This is good news for both landlords and tenants, as it means that there will be more options available for both parties.

Median rent for all residential properties in West Lawn

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The most expensive listings and top trending buildings in West Lawn

Most Expensive Listings

AddressRent PriceBed / Bath
4300 W Ford City Dr$1,7502 / 2.0
6022 S Komensky Ave$1,4003 / 1.0
4300 W Ford City Dr$1,3991 / 1.0
4300 W Ford City Dr$1,3992 / 2.0
4300 W Ford City Dr$1,2992 / 2.0

Top Trending Buildings

building nameavg rent price
Zillow$950

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Bedroom Breakdown in West Lawn

1 Bedroom
$950
MEDIAN RENT
2 Bedroom
$1,050
MEDIAN RENT

West Lawn neighborhood apartments rents

Uh-oh! Looks like we don't have any data in West Lawn, Illinois, for studios.

The rental market for 1-bedroom apartments in West Lawn, Illinois is showing signs of growth. In May 2023, there were 5 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in May 2023 was $950, a decrease of 9.5% from the median rent in April 2023 of $1,050. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants.

The rental market for 2-bedroom apartments in West Lawn, Illinois appears to be relatively stable, with only one new listing in May 2023 and a median rent of $1,050. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 2-bedroom apartments in West Lawn appears to be relatively steady.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in West Lawn is $1,299.
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