Monthly Rent Report
Lincoln Park Rent Report — December 2023
Asking rents in ZIP 60614, Chicago, from 53 listings.
Median 1BR rent in Lincoln Park was $1,995 in December 2023, down 23.3% (−$605) from November 2023 and down 7.4% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Lincoln Park $540 above the Chicago citywide 1BR median of $1,455. The month's figures are based on 53 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | +$500 (+35.8%) | +$306 (+19.3%) | $1,895 – $1,895 | 1 |
| Studio | $2,000 | +$605 (+43.4%) | +$411 (+25.9%) | $1,773 – $2,000 | 3 |
| 1BR | $1,995 | −$605 (-23.3%) | −$159 (-7.4%) | $1,995 – $1,995 | 1 |
| 1BR | $2,599 | −$1 (-0.0%) | +$445 (+20.7%) | $2,075 – $2,674 | 3 |
| 2BR | $2,932 | −$691 (-19.1%) | −$1,118 (-27.6%) | $2,600 – $3,250 | 10 |
| 2BR | $3,750 | +$128 (+3.5%) | −$300 (-7.4%) | $3,450 – $4,050 | 2 |
| 3BR | $5,850 | +$1,855 (+46.4%) | +$2,855 (+95.3%) | $5,775 – $5,925 | 2 |
| 3BR | $3,548 | −$447 (-11.2%) | +$553 (+18.4%) | $3,317 – $4,950 | 14 |
| 4BR | $9,450 | +$4,810 (+103.7%) | +$1,450 (+18.1%) | $9,450 – $9,450 | 1 |
| 4BR | $6,400 | +$1,760 (+37.9%) | −$1,600 (-20.0%) | $6,400 – $15,100 | 6 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — December 2023
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,218 | +$678 (+55.6%) |
| Studio | $2,000 | $1,218 | +$783 (+64.3%) |
| 1BR | $1,995 | $1,455 | +$540 (+37.1%) |
| 1BR | $2,599 | $1,455 | +$1,144 (+78.6%) |
| 2BR | $2,932 | $1,800 | +$1,132 (+62.9%) |
| 2BR | $3,750 | $1,800 | +$1,950 (+108.3%) |
| 3BR | $5,850 | $2,472 | +$3,378 (+136.7%) |
| 3BR | $3,548 | $2,472 | +$1,076 (+43.5%) |
| 4BR | $9,450 | $2,630 | +$6,820 (+259.3%) |
| 4BR | $6,400 | $2,630 | +$3,770 (+143.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.