Monthly Rent Report
Lincoln Park Rent Report — October 2023
Asking rents in ZIP 60614, Chicago, from 156 listings.
Median 1BR rent in Lincoln Park was $2,485 in October 2023, down 24.2% (−$793) from September 2023 and up 38.4% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,931. That puts Lincoln Park $1,010 above the Chicago citywide 1BR median of $1,475. The month's figures are based on 156 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,470 | −$80 (-5.2%) | +$145 (+10.9%) | $1,244 – $1,653 | 40 |
| Studio | $1,435 | −$115 (-7.4%) | +$110 (+8.3%) | $1,418 – $1,643 | 3 |
| 1BR | $2,485 | −$793 (-24.2%) | +$690 (+38.4%) | $2,100 – $2,931 | 48 |
| 1BR | $3,132 | −$146 (-4.5%) | +$1,337 (+74.5%) | $3,123 – $3,141 | 2 |
| 2BR | $3,995 | +$898 (+29.0%) | +$995 (+33.2%) | $3,348 – $4,323 | 11 |
| 2BR | $2,300 | −$797 (-25.7%) | −$700 (-23.3%) | $2,300 – $2,300 | 7 |
| 3BR | $2,873 | −$1,122 (-28.1%) | −$117 (-3.9%) | $2,811 – $2,934 | 2 |
| 3BR | $3,500 | −$495 (-12.4%) | +$511 (+17.1%) | $3,500 – $3,500 | 1 |
| 4BR | $3,400 | −$1,195 (-26.0%) | −$775 (-18.6%) | $3,400 – $8,000 | 16 |
| 4BR | $8,800 | +$4,205 (+91.5%) | +$4,625 (+110.8%) | $8,800 – $8,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — October 2023
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,470 | $1,200 | +$270 (+22.5%) |
| Studio | $1,435 | $1,200 | +$235 (+19.6%) |
| 1BR | $2,485 | $1,475 | +$1,010 (+68.5%) |
| 1BR | $3,132 | $1,475 | +$1,657 (+112.3%) |
| 2BR | $3,995 | $1,800 | +$2,195 (+121.9%) |
| 2BR | $2,300 | $1,800 | +$500 (+27.8%) |
| 3BR | $2,873 | $2,450 | +$423 (+17.2%) |
| 3BR | $3,500 | $2,450 | +$1,050 (+42.9%) |
| 4BR | $3,400 | $2,575 | +$825 (+32.0%) |
| 4BR | $8,800 | $2,575 | +$6,225 (+241.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.