Monthly Rent Report
Lincoln Park Rent Report — September 2023
Asking rents in ZIP 60614, Chicago, from 63 listings.
Median 1BR rent in Lincoln Park was $3,278 in September 2023, up 45.7% (+$1,028) from August 2023 and up 98.7% year-over-year. The middle half of 1BR listings asked between $2,798 and $3,382. That puts Lincoln Park $1,828 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 63 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,712 | +$217 (+14.5%) | +$487 (+39.8%) | $1,712 – $1,712 | 2 |
| Studio | $1,550 | +$55 (+3.7%) | +$325 (+26.5%) | $1,550 – $1,550 | 1 |
| 1BR | $3,278 | +$1,028 (+45.7%) | +$1,628 (+98.7%) | $2,798 – $3,382 | 3 |
| 1BR | $2,199 | −$51 (-2.3%) | +$549 (+33.3%) | $2,199 – $2,199 | 1 |
| 2BR | $2,100 | −$1,895 (-47.4%) | −$619 (-22.8%) | $2,100 – $2,100 | 4 |
| 2BR | $3,098 | −$897 (-22.5%) | +$379 (+13.9%) | $2,646 – $3,549 | 2 |
| 3BR | $3,995 | −$1,467 (-26.9%) | +$195 (+5.1%) | $3,995 – $3,995 | 1 |
| 3BR | $3,800 | −$1,662 (-30.4%) | $0 (0.0%) | $2,968 – $4,182 | 11 |
| 4BR | $4,595 | −$205 (-4.3%) | −$10,405 (-69.4%) | $3,600 – $5,500 | 21 |
| 4BR | $4,000 | −$800 (-16.7%) | −$11,000 (-73.3%) | $4,000 – $4,000 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — September 2023
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,712 | $1,238 | +$475 (+38.3%) |
| Studio | $1,550 | $1,238 | +$313 (+25.3%) |
| 1BR | $3,278 | $1,450 | +$1,828 (+126.1%) |
| 1BR | $2,199 | $1,450 | +$749 (+51.7%) |
| 2BR | $2,100 | $1,738 | +$363 (+20.9%) |
| 2BR | $3,098 | $1,738 | +$1,360 (+78.3%) |
| 3BR | $3,995 | $2,327 | +$1,668 (+71.7%) |
| 3BR | $3,800 | $2,327 | +$1,473 (+63.3%) |
| 4BR | $4,595 | $2,783 | +$1,812 (+65.1%) |
| 4BR | $4,000 | $2,783 | +$1,217 (+43.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.