Monthly Rent Report
Lincoln Park Rent Report — November 2023
Asking rents in ZIP 60614, Chicago, from 42 listings.
Median 1BR rent in Lincoln Park was $2,195 in November 2023, down 11.7% (−$290) from October 2023 and up 21.9% year-over-year. The middle half of 1BR listings asked between $2,195 and $2,195. That puts Lincoln Park $692 above the Chicago citywide 1BR median of $1,504. The month's figures are based on 42 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$40 (-2.8%) | +$20 (+1.5%) | $1,395 – $1,395 | 1 |
| Studio | $3,000 | +$1,565 (+109.1%) | +$1,625 (+118.2%) | $3,000 – $3,000 | 2 |
| 1BR | $2,195 | −$290 (-11.7%) | +$395 (+21.9%) | $2,195 – $2,195 | 1 |
| 1BR | $2,600 | +$115 (+4.6%) | +$800 (+44.4%) | $2,506 – $2,807 | 7 |
| 2BR | $2,945 | +$645 (+28.0%) | +$50 (+1.7%) | $2,945 – $3,397 | 6 |
| 2BR | $3,623 | +$1,323 (+57.5%) | +$728 (+25.1%) | $3,259 – $3,986 | 2 |
| 3BR | $10,000 | +$6,500 (+185.7%) | +$6,675 (+200.8%) | $10,000 – $10,000 | 13 |
| 3BR | $3,995 | +$495 (+14.1%) | +$670 (+20.2%) | $3,995 – $3,995 | 1 |
| 4BR | $5,295 | −$3,505 (-39.8%) | +$1,395 (+35.8%) | $5,295 – $5,295 | 1 |
| 4BR | $4,640 | −$4,160 (-47.3%) | +$740 (+19.0%) | $4,454 – $5,980 | 4 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — November 2023
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,160 | +$235 (+20.3%) |
| Studio | $3,000 | $1,160 | +$1,840 (+158.6%) |
| 1BR | $2,195 | $1,504 | +$692 (+46.0%) |
| 1BR | $2,600 | $1,504 | +$1,097 (+72.9%) |
| 2BR | $2,945 | $1,800 | +$1,145 (+63.6%) |
| 2BR | $3,623 | $1,800 | +$1,823 (+101.3%) |
| 3BR | $10,000 | $2,298 | +$7,703 (+335.3%) |
| 3BR | $3,995 | $2,298 | +$1,698 (+73.9%) |
| 4BR | $5,295 | $2,750 | +$2,545 (+92.5%) |
| 4BR | $4,640 | $2,750 | +$1,890 (+68.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.