Monthly Rent Report
Lincoln Park Rent Report — January 2024
Asking rents in ZIP 60614, Chicago, from 426 listings.
Median 1BR rent in Lincoln Park was $2,433 in January 2024, up 21.9% (+$438) from December 2023 and down 16.1% year-over-year. The middle half of 1BR listings asked between $2,049 and $2,816. That puts Lincoln Park $916 above the Chicago citywide 1BR median of $1,517. The month's figures are based on 426 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,775 | −$225 (-11.3%) | +$380 (+27.2%) | $1,400 – $1,872 | 53 |
| Studio | $1,285 | −$715 (-35.8%) | −$110 (-7.9%) | $1,265 – $1,290 | 3 |
| 1BR | $2,433 | +$438 (+21.9%) | −$467 (-16.1%) | $2,049 – $2,816 | 2 |
| 1BR | $2,299 | +$304 (+15.2%) | −$601 (-20.7%) | $1,965 – $2,545 | 120 |
| 2BR | $3,399 | −$351 (-9.4%) | −$651 (-16.1%) | $3,324 – $3,473 | 2 |
| 2BR | $3,000 | −$750 (-20.0%) | −$1,050 (-25.9%) | $2,470 – $3,600 | 138 |
| 3BR | $3,970 | +$423 (+11.9%) | +$620 (+18.5%) | $3,100 – $4,300 | 69 |
| 3BR | $4,400 | +$853 (+24.0%) | +$1,050 (+31.3%) | $4,400 – $4,400 | 1 |
| 4BR | $5,388 | −$1,012 (-15.8%) | −$3,607 (-40.1%) | $4,600 – $5,931 | 20 |
| 4BR | $4,800 | −$1,600 (-25.0%) | −$4,195 (-46.6%) | $4,800 – $4,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — January 2024
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,775 | $1,225 | +$550 (+44.9%) |
| Studio | $1,285 | $1,225 | +$60 (+4.9%) |
| 1BR | $2,433 | $1,517 | +$916 (+60.3%) |
| 1BR | $2,299 | $1,517 | +$782 (+51.5%) |
| 2BR | $3,399 | $1,800 | +$1,599 (+88.8%) |
| 2BR | $3,000 | $1,800 | +$1,200 (+66.7%) |
| 3BR | $3,970 | $2,300 | +$1,670 (+72.6%) |
| 3BR | $4,400 | $2,300 | +$2,100 (+91.3%) |
| 4BR | $5,388 | $2,792 | +$2,596 (+93.0%) |
| 4BR | $4,800 | $2,792 | +$2,009 (+72.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.