Monthly Rent Report
Lincoln Park Rent Report — January 2023
Asking rents in ZIP 60614, Chicago, from 1,538 listings.
Median 1BR rent in Lincoln Park was $2,900 in January 2023, up 34.6% (+$746) from December 2022 and up 76.9% year-over-year. The middle half of 1BR listings asked between $2,838 and $2,963. That puts Lincoln Park $1,550 above the Chicago citywide 1BR median of $1,350. The month's figures are based on 1,538 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | +$75 (+5.7%) | +$185 (+15.3%) | $1,273 – $1,410 | 3 |
| Studio | $1,400 | +$80 (+6.1%) | +$190 (+15.7%) | $1,260 – $1,942 | 483 |
| 1BR | $2,900 | +$746 (+34.6%) | +$1,261 (+76.9%) | $2,838 – $2,963 | 2 |
| 1BR | $2,300 | +$146 (+6.8%) | +$661 (+40.3%) | $1,825 – $2,684 | 573 |
| 2BR | $4,050 | $0 (0.0%) | +$1,175 (+40.9%) | $3,874 – $4,134 | 8 |
| 2BR | $3,050 | −$1,000 (-24.7%) | +$175 (+6.1%) | $2,295 – $4,134 | 323 |
| 3BR | $3,325 | −$375 (-10.1%) | −$270 (-7.5%) | $2,913 – $3,738 | 2 |
| 3BR | $3,350 | −$350 (-9.5%) | −$245 (-6.8%) | $2,858 – $4,675 | 115 |
| 4BR | $8,995 | +$995 (+12.4%) | +$5,295 (+143.1%) | $3,900 – $9,995 | 18 |
| 4BR | $10,000 | +$2,000 (+25.0%) | +$6,300 (+170.3%) | $10,000 – $10,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — January 2023
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,061 | +$334 (+31.4%) |
| Studio | $1,400 | $1,061 | +$339 (+31.9%) |
| 1BR | $2,900 | $1,350 | +$1,550 (+114.8%) |
| 1BR | $2,300 | $1,350 | +$950 (+70.4%) |
| 2BR | $4,050 | $1,698 | +$2,353 (+138.6%) |
| 2BR | $3,050 | $1,698 | +$1,353 (+79.7%) |
| 3BR | $3,325 | $2,123 | +$1,203 (+56.7%) |
| 3BR | $3,350 | $2,123 | +$1,228 (+57.8%) |
| 4BR | $8,995 | $2,417 | +$6,579 (+272.2%) |
| 4BR | $10,000 | $2,417 | +$7,584 (+313.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.