Monthly Rent Report
Lincoln Park Rent Report — February 2024
Asking rents in ZIP 60614, Chicago, from 1,526 listings.
Median 1BR rent in Lincoln Park was $2,295 in February 2024, down 0.2% (−$4) from January 2024 and down 3.9% year-over-year. The middle half of 1BR listings asked between $1,795 and $2,695. That puts Lincoln Park $795 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 1,526 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | +$165 (+12.8%) | −$22 (-1.5%) | $1,275 – $1,772 | 335 |
| Studio | $1,245 | −$40 (-3.1%) | −$227 (-15.4%) | $1,175 – $1,265 | 5 |
| 1BR | $2,295 | −$4 (-0.2%) | −$92 (-3.9%) | $1,795 – $2,695 | 479 |
| 1BR | $2,250 | −$49 (-2.1%) | −$137 (-5.8%) | $2,063 – $2,773 | 3 |
| 2BR | $3,050 | +$50 (+1.7%) | +$402 (+15.2%) | $2,288 – $3,359 | 6 |
| 2BR | $3,200 | +$200 (+6.7%) | +$552 (+20.8%) | $2,500 – $3,800 | 382 |
| 3BR | $3,800 | −$600 (-13.6%) | +$405 (+11.9%) | $3,200 – $4,400 | 2 |
| 3BR | $4,050 | −$350 (-8.0%) | +$655 (+19.3%) | $3,339 – $5,450 | 179 |
| 4BR | $5,400 | +$13 (+0.2%) | +$4,475 (+483.8%) | $4,395 – $6,450 | 113 |
| 4BR | $4,250 | −$1,137 (-21.1%) | +$3,325 (+359.5%) | $4,125 – $4,425 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — February 2024
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,211 | +$239 (+19.7%) |
| Studio | $1,245 | $1,211 | +$34 (+2.8%) |
| 1BR | $2,295 | $1,500 | +$795 (+53.0%) |
| 1BR | $2,250 | $1,500 | +$750 (+50.0%) |
| 2BR | $3,050 | $1,813 | +$1,238 (+68.3%) |
| 2BR | $3,200 | $1,813 | +$1,388 (+76.6%) |
| 3BR | $3,800 | $2,300 | +$1,500 (+65.2%) |
| 3BR | $4,050 | $2,300 | +$1,750 (+76.1%) |
| 4BR | $5,400 | $2,792 | +$2,609 (+93.4%) |
| 4BR | $4,250 | $2,792 | +$1,459 (+52.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.