Monthly Rent Report
Lincoln Park Rent Report — August 2022
Asking rents in ZIP 60614, Chicago, from 1,165 listings.
Median 1BR rent in Lincoln Park was $1,700 in August 2022, down 11.7% (−$225) from July 2022 and up 11.4% year-over-year. The middle half of 1BR listings asked between $1,588 and $2,409. That puts Lincoln Park $405 above the Chicago citywide 1BR median of $1,295. The month's figures are based on 1,165 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | −$100 (-7.2%) | +$103 (+8.6%) | $1,184 – $1,334 | 4 |
| Studio | $1,350 | −$45 (-3.2%) | +$158 (+13.3%) | $1,223 – $1,495 | 447 |
| 1BR | $1,700 | −$225 (-11.7%) | +$174 (+11.4%) | $1,588 – $2,409 | 7 |
| 1BR | $2,098 | +$173 (+9.0%) | +$572 (+37.5%) | $1,750 – $2,510 | 482 |
| 2BR | $2,895 | +$200 (+7.4%) | +$645 (+28.7%) | $2,895 – $2,895 | 1 |
| 2BR | $2,708 | +$13 (+0.5%) | +$458 (+20.4%) | $2,708 – $2,762 | 10 |
| 3BR | $3,750 | −$350 (-8.5%) | +$628 (+20.1%) | $3,150 – $4,200 | 199 |
| 3BR | $3,700 | −$400 (-9.8%) | +$578 (+18.5%) | $3,700 – $3,700 | 1 |
| 4BR | $5,735 | +$1,335 (+30.3%) | +$3,040 (+112.8%) | $4,605 – $6,865 | 2 |
| 4BR | $3,750 | −$650 (-14.8%) | +$1,055 (+39.1%) | $3,750 – $3,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — August 2022
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,095 | +$200 (+18.3%) |
| Studio | $1,350 | $1,095 | +$255 (+23.3%) |
| 1BR | $1,700 | $1,295 | +$405 (+31.3%) |
| 1BR | $2,098 | $1,295 | +$803 (+62.0%) |
| 2BR | $2,895 | $1,795 | +$1,100 (+61.3%) |
| 2BR | $2,708 | $1,795 | +$913 (+50.9%) |
| 3BR | $3,750 | $2,250 | +$1,500 (+66.7%) |
| 3BR | $3,700 | $2,250 | +$1,450 (+64.4%) |
| 4BR | $5,735 | $2,455 | +$3,280 (+133.6%) |
| 4BR | $3,750 | $2,455 | +$1,295 (+52.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2022.