Monthly Rent Report

Lincoln Park Rent Report — October 2022

Asking rents in ZIP 60614, Chicago, from 114 listings.

Median 1BR rent in Lincoln Park was $2,154 in October 2022, up 5.2% (+$107) from September 2022 and up 27.0% year-over-year. The middle half of 1BR listings asked between $1,825 and $2,208. That puts Lincoln Park $837 above the Chicago citywide 1BR median of $1,318. The month's figures are based on 114 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2022Vs. October 2021P25–P75 RangeListings
Studio$1,325+$100 (+8.2%)−$62 (-4.5%)$1,325 – $1,3251
Studio$1,245+$20 (+1.6%)−$142 (-10.3%)$1,095 – $1,35517
1BR$2,154+$107 (+5.2%)+$458 (+27.0%)$1,825 – $2,20811
1BR$1,795−$252 (-12.3%)+$99 (+5.8%)$1,547 – $1,87521
2BR$3,000+$281 (+10.3%)+$150 (+5.3%)$2,380 – $3,94921
2BR$2,681−$38 (-1.4%)−$169 (-5.9%)$2,650 – $2,69613
3BR$2,990−$260 (-8.0%)+$225 (+8.1%)$2,956 – $4,22310
3BR$4,308+$1,058 (+32.5%)+$1,543 (+55.8%)$2,846 – $5,5004
4BR$4,175−$10,825 (-72.2%)+$825 (+24.6%)$4,175 – $4,1751
4BR$10,000−$5,000 (-33.3%)+$6,650 (+198.5%)$10,000 – $10,0001

Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.

Lincoln Park vs. ChicagoOctober 2022

BedroomsLincoln Park MedianChicago Citywide MedianDifference
Studio$1,325$1,050+$275 (+26.2%)
Studio$1,245$1,050+$195 (+18.6%)
1BR$2,154$1,318+$837 (+63.5%)
1BR$1,795$1,318+$478 (+36.2%)
2BR$3,000$1,700+$1,300 (+76.5%)
2BR$2,681$1,700+$981 (+57.7%)
3BR$2,990$2,190+$800 (+36.5%)
3BR$4,308$2,190+$2,118 (+96.7%)
4BR$4,175$2,478+$1,698 (+68.5%)
4BR$10,000$2,478+$7,523 (+303.6%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2022.

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