Monthly Rent Report
Lincoln Park Rent Report — July 2022
Asking rents in ZIP 60614, Chicago, from 576 listings.
Median 1BR rent in Lincoln Park was $1,795 in July 2022, down 37.0% (−$1,055) from June 2022 and up 2.6% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,850. That puts Lincoln Park $570 above the Chicago citywide 1BR median of $1,225. The month's figures are based on 576 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | +$150 (+12.0%) | +$172 (+14.1%) | $1,235 – $1,700 | 81 |
| Studio | $1,260 | +$15 (+1.2%) | +$37 (+3.0%) | $1,118 – $1,395 | 4 |
| 1BR | $1,795 | −$1,055 (-37.0%) | +$45 (+2.6%) | $1,695 – $1,850 | 39 |
| 1BR | $1,925 | −$925 (-32.5%) | +$175 (+10.0%) | $1,655 – $2,314 | 186 |
| 2BR | $2,497 | −$267 (-9.7%) | +$202 (+8.8%) | $2,479 – $2,497 | 5 |
| 2BR | $2,695 | −$69 (-2.5%) | +$400 (+17.4%) | $2,296 – $3,403 | 134 |
| 3BR | $3,600 | −$84 (-2.3%) | +$200 (+5.9%) | $3,150 – $4,498 | 103 |
| 3BR | $4,100 | +$416 (+11.3%) | +$700 (+20.6%) | $3,800 – $4,400 | 2 |
| 4BR | $4,400 | +$1,400 (+46.7%) | +$1,080 (+32.5%) | $4,400 – $4,400 | 1 |
| 4BR | $5,800 | +$2,800 (+93.3%) | +$2,480 (+74.7%) | $5,800 – $5,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — July 2022
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,104 | +$291 (+26.4%) |
| Studio | $1,260 | $1,104 | +$156 (+14.2%) |
| 1BR | $1,795 | $1,225 | +$570 (+46.5%) |
| 1BR | $1,925 | $1,225 | +$700 (+57.1%) |
| 2BR | $2,497 | $1,695 | +$802 (+47.3%) |
| 2BR | $2,695 | $1,695 | +$1,000 (+59.0%) |
| 3BR | $3,600 | $2,200 | +$1,400 (+63.6%) |
| 3BR | $4,100 | $2,200 | +$1,900 (+86.4%) |
| 4BR | $4,400 | $2,500 | +$1,900 (+76.0%) |
| 4BR | $5,800 | $2,500 | +$3,300 (+132.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2022.