Monthly Rent Report
Lincoln Park Rent Report — December 2022
Asking rents in ZIP 60614, Chicago, from 390 listings.
Median 1BR rent in Lincoln Park was $2,154 in December 2022, up 19.7% (+$354) from November 2022 and up 19.7% year-over-year. The middle half of 1BR listings asked between $1,910 and $2,298. That puts Lincoln Park $809 above the Chicago citywide 1BR median of $1,345. The month's figures are based on 390 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,320 | −$55 (-4.0%) | +$25 (+1.9%) | $1,223 – $1,425 | 81 |
| Studio | $1,589 | +$214 (+15.6%) | +$294 (+22.7%) | $1,589 – $1,589 | 1 |
| 1BR | $2,154 | +$354 (+19.7%) | +$354 (+19.7%) | $1,910 – $2,298 | 7 |
| 1BR | $2,050 | +$250 (+13.9%) | +$250 (+13.9%) | $1,700 – $2,361 | 119 |
| 2BR | $2,600 | −$295 (-10.2%) | −$275 (-9.6%) | $2,197 – $3,350 | 101 |
| 2BR | $4,050 | +$1,155 (+39.9%) | +$1,175 (+40.9%) | $4,050 – $4,050 | 6 |
| 3BR | $2,995 | $0 (0.0%) | −$1,005 (-25.1%) | $2,995 – $3,348 | 3 |
| 3BR | $3,700 | +$705 (+23.5%) | −$300 (-7.5%) | $3,178 – $3,800 | 55 |
| 4BR | $8,000 | +$4,100 (+105.1%) | $0 (0.0%) | $8,000 – $8,000 | 2 |
| 4BR | $8,000 | +$4,100 (+105.1%) | $0 (0.0%) | $5,950 – $8,000 | 3 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — December 2022
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,320 | $1,050 | +$270 (+25.7%) |
| Studio | $1,589 | $1,050 | +$539 (+51.3%) |
| 1BR | $2,154 | $1,345 | +$809 (+60.1%) |
| 1BR | $2,050 | $1,345 | +$705 (+52.4%) |
| 2BR | $2,600 | $1,675 | +$925 (+55.2%) |
| 2BR | $4,050 | $1,675 | +$2,375 (+141.8%) |
| 3BR | $2,995 | $2,181 | +$814 (+37.3%) |
| 3BR | $3,700 | $2,181 | +$1,519 (+69.6%) |
| 4BR | $8,000 | $2,589 | +$5,411 (+209.0%) |
| 4BR | $8,000 | $2,589 | +$5,411 (+209.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2022.