Monthly Rent Report
Lincoln Park Rent Report — March 2024
Asking rents in ZIP 60614, Chicago, from 1,151 listings.
Median 1BR rent in Lincoln Park was $1,768 in March 2024, down 21.4% (−$482) from February 2024 and down 11.5% year-over-year. The middle half of 1BR listings asked between $1,701 and $1,785. That puts Lincoln Park $263 above the Chicago citywide 1BR median of $1,505. The month's figures are based on 1,151 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,455 | +$5 (+0.3%) | +$85 (+6.2%) | $1,284 – $1,844 | 314 |
| Studio | $1,245 | −$205 (-14.1%) | −$125 (-9.1%) | $1,225 – $1,245 | 14 |
| 1BR | $1,768 | −$482 (-21.4%) | −$230 (-11.5%) | $1,701 – $1,785 | 6 |
| 1BR | $2,300 | +$50 (+2.2%) | +$303 (+15.1%) | $1,788 – $2,654 | 438 |
| 2BR | $3,200 | +$150 (+4.9%) | −$95 (-2.9%) | $2,455 – $3,759 | 278 |
| 2BR | $2,100 | −$950 (-31.1%) | −$1,195 (-36.3%) | $2,100 – $2,100 | 1 |
| 3BR | $4,175 | +$125 (+3.1%) | +$675 (+19.3%) | $4,100 – $4,224 | 4 |
| 3BR | $2,700 | −$1,350 (-33.3%) | −$800 (-22.9%) | $2,700 – $2,700 | 1 |
| 4BR | $4,995 | +$745 (+17.5%) | +$895 (+21.8%) | $4,225 – $6,473 | 79 |
| 4BR | $5,500 | +$1,250 (+29.4%) | +$1,400 (+34.1%) | $5,500 – $5,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — March 2024
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,455 | $1,225 | +$230 (+18.8%) |
| Studio | $1,245 | $1,225 | +$20 (+1.6%) |
| 1BR | $1,768 | $1,505 | +$263 (+17.5%) |
| 1BR | $2,300 | $1,505 | +$796 (+52.9%) |
| 2BR | $3,200 | $1,900 | +$1,300 (+68.4%) |
| 2BR | $2,100 | $1,900 | +$200 (+10.5%) |
| 3BR | $4,175 | $2,250 | +$1,925 (+85.6%) |
| 3BR | $2,700 | $2,250 | +$450 (+20.0%) |
| 4BR | $4,995 | $2,650 | +$2,345 (+88.5%) |
| 4BR | $5,500 | $2,650 | +$2,850 (+107.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.