Lake View Rental Market Update: January 31, 2025

Lake View Rental Market Update

By Sean Flynt, Co-Owner of Pioneer Realty Group

As we step into the spring rental season, the Lakeview market is heating up. More apartments are coming online, competition is picking up, and renters are on the hunt for their perfect home before peak summer pricing kicks in. Whether you’re looking for a studio, a spacious two-bedroom, or a place with all the premium amenities, navigating this market can be overwhelming—unless you have the right local expert by your side.

At Pioneer Realty Group, we know Lakeview inside and out. We’ve spent years building relationships with local landlords, tracking market trends, and helping renters land the best deals on apartments they won’t find anywhere else. If you’re looking to move to Lakeview, now is the time to get ahead of the rush, and we’re here to make sure you find the best apartment at the right price.

Current Rental Prices in Lakeview

Here’s where rents stand as of today:

  • Studio: $1,377
  • Studio w/ Dishwasher: $1,426
  • Studio w/ Dishwasher & Washer/Dryer: $1,695
  • 1-Bedroom: $2,007
  • 1-Bedroom w/ Dishwasher: $2,073
  • 1-Bedroom w/ Dishwasher & Washer/Dryer: $2,394
  • 2-Bedroom: $2,569
  • 2-Bedroom w/ Dishwasher: $2,073
  • 2-Bedroom w/ Dishwasher & Washer/Dryer: $2,602

As always, apartments with in-unit washers and dryers continue to demand higher rents. Convenience is king, and renters are willing to pay more for modern amenities. If you’re looking to get the best value, working with a local expert who knows where to find hidden deals can help you secure an apartment that meets your needs—without breaking your budget.

Why Spring is the Best Time to Start Your Search

The rental market in Lakeview follows a predictable cycle. While winter is typically slower, spring kicks off the busiest time of the year. More listings come on the market, but demand also skyrockets, leading to fierce competition and rising rents as summer approaches.

Here’s why acting early in the spring rental season can be to your advantage:

More Options Before the Rush – New apartments hit the market in early spring, and the best ones get scooped up quickly. By starting your search now, you’ll have the first pick of available units before competition heats up.

Landlords Are More Flexible – In the early months of the season, some landlords are willing to negotiate rent prices or offer incentives like reduced move-in fees, free parking, or waived pet fees. As summer approaches, these deals become harder to find.

Avoid Peak Pricing – Summer is when rental prices tend to spike, especially for premium units. If you wait too long, you might end up paying more for the same apartment that’s available today at a lower price.

Why You Need a Local Rental Expert in Lakeview

Finding a great apartment in Lakeview isn’t just about scrolling through rental websites. The reality is, many of the best units never even make it to the multiple listing services (MLS) or big-name rental sites like Zillow and Apartments.com. If you’re only searching online, you’re missing out on some of the best deals available.

That’s where we come in. Pioneer Realty Group specializes in helping renters access exclusive apartments that aren’t publicly listed. Through years of working with local landlords, we have insider access to hundreds of hidden rental listings—apartments you won’t find anywhere else.

Sean & Helen: The Experts Behind Pioneer Realty Group

Lakeview is more than just a neighborhood we work in—it’s a market we’ve lived and breathed for over a decade. Sean Flynt and Helen Bailey, the co-owners of Pioneer Realty Group, have a combined wealth of experience in Chicago’s rental market, giving them a unique edge when it comes to helping renters and investors.

Sean Flynt has 12+ years of experience in property management and leasing, having worked with both tenants and landlords across Chicago. His deep knowledge of rental pricing trends, negotiation strategies, and what landlords are really looking for gives Pioneer Realty Group an unmatched advantage. If there’s a deal to be made, Sean knows how to find it.

Helen Bailey brings an analytical and investment-focused perspective to the team. With an MBA in Real Estate Finance from DePaul University, she understands the financial side of the rental market better than anyone. Whether it’s recognizing pricing trends, forecasting rental demand, or advising on the best time to sign a lease, Helen ensures our clients always make smart, strategic moves.

Together, we’ve built Pioneer Realty Group into the go-to resource for Lakeview renters. Our connections, expertise, and personalized approach set us apart from the big-name rental websites and national brokerages.

What We Offer That Others Don’t

Exclusive Access to Private Listings – We work directly with landlords to bring our clients rental opportunities you won’t find anywhere else.

Neighborhood Expertise – Whether you’re looking to be near the lake, close to public transit, or in the heart of Wrigleyville, we know exactly where to find the best apartments.

Negotiation Power – We help our clients get the best deals, from securing lower rent rates to getting fees waived that other renters might have to pay.

Fast, Stress-Free Apartment Hunting – The best apartments go fast. We streamline the process and help you lock in a great place before it’s gone.

Don’t Miss Out—Start Your Search Today!

Spring is one of the best times to find an apartment in Lakeview, but waiting too long can mean missing out on the best deals. At Pioneer Realty Group, we make the process easy by giving you insider access to the best apartments in the neighborhood and handling all the details to make your move stress-free.

Ready to find your next home? Contact us today to start your search before the spring rush begins!

Sean Flynt
Co-Owner, Pioneer Realty Group