Monthly Rent Report
Lincoln Park Rent Report — June 2023
Asking rents in ZIP 60614, Chicago, from 1,241 listings.
Median 1BR rent in Lincoln Park was $2,295 in June 2023, up 5.0% (+$109) from May 2023 and up 44.8% year-over-year. The middle half of 1BR listings asked between $1,725 and $2,859. That puts Lincoln Park $895 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 1,241 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | +$53 (+3.8%) | +$205 (+16.5%) | $1,275 – $1,718 | 285 |
| Studio | $1,103 | −$294 (-21.1%) | −$142 (-11.4%) | $1,103 – $1,103 | 1 |
| 1BR | $2,295 | +$109 (+5.0%) | +$710 (+44.8%) | $1,725 – $2,859 | 384 |
| 1BR | $1,700 | −$486 (-22.2%) | +$115 (+7.3%) | $1,675 – $1,725 | 2 |
| 2BR | $3,010 | −$1,215 (-28.8%) | +$246 (+8.9%) | $2,350 – $3,999 | 374 |
| 2BR | $3,375 | −$850 (-20.1%) | +$611 (+22.1%) | $2,788 – $4,025 | 3 |
| 3BR | $3,600 | $0 (0.0%) | −$84 (-2.3%) | $3,450 – $3,750 | 2 |
| 3BR | $4,598 | +$998 (+27.7%) | +$914 (+24.8%) | $3,840 – $5,776 | 4 |
| 4BR | $4,000 | −$800 (-16.7%) | +$800 (+25.0%) | $3,700 – $4,750 | 3 |
| 4BR | $4,925 | +$125 (+2.6%) | +$1,725 (+53.9%) | $4,196 – $5,499 | 162 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — June 2023
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,243 | +$208 (+16.7%) |
| Studio | $1,103 | $1,243 | −$139 (-11.2%) |
| 1BR | $2,295 | $1,400 | +$895 (+63.9%) |
| 1BR | $1,700 | $1,400 | +$300 (+21.4%) |
| 2BR | $3,010 | $1,700 | +$1,310 (+77.1%) |
| 2BR | $3,375 | $1,700 | +$1,675 (+98.5%) |
| 3BR | $3,600 | $2,275 | +$1,325 (+58.2%) |
| 3BR | $4,598 | $2,275 | +$2,323 (+102.1%) |
| 4BR | $4,000 | $2,500 | +$1,500 (+60.0%) |
| 4BR | $4,925 | $2,500 | +$2,425 (+97.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.