Monthly Rent Report
Lincoln Park Rent Report — April 2023
Asking rents in ZIP 60614, Chicago, from 1,269 listings.
Median 1BR rent in Lincoln Park was $2,513 in April 2023, up 25.8% (+$515) from March 2023 and up 51.4% year-over-year. The middle half of 1BR listings asked between $2,156 and $2,869. That puts Lincoln Park $1,088 above the Chicago citywide 1BR median of $1,425. The month's figures are based on 1,269 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$67 (-4.6%) | +$370 (+36.1%) | $1,165 – $1,718 | 367 |
| Studio | $1,523 | +$60 (+4.1%) | +$498 (+48.5%) | $1,412 – $1,561 | 4 |
| 1BR | $2,513 | +$515 (+25.8%) | +$853 (+51.4%) | $2,156 – $2,869 | 2 |
| 1BR | $2,373 | +$375 (+18.8%) | +$713 (+42.9%) | $2,361 – $2,384 | 2 |
| 2BR | $3,600 | +$1,100 (+44.0%) | +$1,050 (+41.2%) | $3,363 – $4,063 | 6 |
| 2BR | $2,995 | +$495 (+19.8%) | +$445 (+17.5%) | $2,450 – $3,756 | 432 |
| 3BR | $3,400 | +$200 (+6.3%) | +$405 (+13.5%) | $3,400 – $3,400 | 1 |
| 3BR | $3,345 | +$145 (+4.5%) | +$350 (+11.7%) | $2,995 – $3,995 | 239 |
| 4BR | $4,775 | +$675 (+16.5%) | −$125 (-2.6%) | $4,100 – $5,275 | 179 |
| 4BR | $4,400 | +$300 (+7.3%) | −$500 (-10.2%) | $4,400 – $4,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — April 2023
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,195 | +$200 (+16.7%) |
| Studio | $1,523 | $1,195 | +$328 (+27.4%) |
| 1BR | $2,513 | $1,425 | +$1,088 (+76.3%) |
| 1BR | $2,373 | $1,425 | +$948 (+66.5%) |
| 2BR | $3,600 | $1,725 | +$1,875 (+108.7%) |
| 2BR | $2,995 | $1,725 | +$1,270 (+73.6%) |
| 3BR | $3,400 | $2,300 | +$1,100 (+47.8%) |
| 3BR | $3,345 | $2,300 | +$1,045 (+45.4%) |
| 4BR | $4,775 | $2,597 | +$2,178 (+83.9%) |
| 4BR | $4,400 | $2,597 | +$1,803 (+69.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.