Monthly Rent Report
Lincoln Park Rent Report — August 2023
Asking rents in ZIP 60614, Chicago, from 98 listings.
Median 1BR rent in Lincoln Park was $2,250 in August 2023, up 34.3% (+$575) from July 2023 and up 7.3% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,250. That puts Lincoln Park $730 above the Chicago citywide 1BR median of $1,520. The month's figures are based on 98 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$17 (-1.2%) | +$145 (+10.7%) | $1,495 – $1,495 | 5 |
| Studio | $1,495 | −$17 (-1.2%) | +$145 (+10.7%) | $1,423 – $1,548 | 3 |
| 1BR | $2,250 | +$575 (+34.3%) | +$153 (+7.3%) | $2,250 – $2,250 | 1 |
| 1BR | $2,648 | +$973 (+58.1%) | +$551 (+26.2%) | $2,474 – $2,822 | 2 |
| 2BR | $3,130 | −$95 (-3.0%) | +$235 (+8.1%) | $2,600 – $4,656 | 42 |
| 2BR | $3,995 | +$770 (+23.9%) | +$1,100 (+38.0%) | $2,995 – $4,450 | 5 |
| 3BR | $2,975 | −$620 (-17.2%) | −$725 (-19.6%) | $2,975 – $2,975 | 5 |
| 3BR | $5,463 | +$1,868 (+51.9%) | +$1,763 (+47.6%) | $4,981 – $5,944 | 2 |
| 4BR | $3,895 | −$930 (-19.3%) | +$145 (+3.9%) | $3,800 – $3,895 | 16 |
| 4BR | $4,800 | −$25 (-0.5%) | +$1,050 (+28.0%) | $4,748 – $4,800 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — August 2023
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,250 | +$245 (+19.6%) |
| Studio | $1,495 | $1,250 | +$245 (+19.6%) |
| 1BR | $2,250 | $1,520 | +$730 (+48.0%) |
| 1BR | $2,648 | $1,520 | +$1,128 (+74.2%) |
| 2BR | $3,130 | $1,808 | +$1,322 (+73.1%) |
| 2BR | $3,995 | $1,808 | +$2,188 (+121.0%) |
| 3BR | $2,975 | $2,395 | +$580 (+24.2%) |
| 3BR | $5,463 | $2,395 | +$3,068 (+128.1%) |
| 4BR | $3,895 | $2,692 | +$1,203 (+44.7%) |
| 4BR | $4,800 | $2,692 | +$2,108 (+78.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.