Monthly Rent Report
Lincoln Park Rent Report — June 2024
Asking rents in ZIP 60614, Chicago, from 1,771 listings.
Median 1BR rent in Lincoln Park was $2,100 in June 2024, down 6.7% (−$150) from May 2024 and down 8.5% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,100. That puts Lincoln Park $601 above the Chicago citywide 1BR median of $1,499. The month's figures are based on 1,771 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,285 | −$210 (-14.0%) | −$165 (-11.4%) | $1,240 – $1,315 | 3 |
| Studio | $1,500 | +$5 (+0.3%) | +$50 (+3.4%) | $1,295 – $1,800 | 898 |
| 1BR | $2,100 | −$150 (-6.7%) | −$195 (-8.5%) | $2,100 – $2,100 | 3 |
| 1BR | $1,795 | −$455 (-20.2%) | −$500 (-21.8%) | $1,725 – $1,885 | 5 |
| 2BR | $1,800 | −$1,025 (-36.3%) | −$1,575 (-46.7%) | $1,800 – $1,800 | 2 |
| 2BR | $2,490 | −$335 (-11.9%) | −$885 (-26.2%) | $2,195 – $3,095 | 3 |
| 3BR | $5,050 | +$1,125 (+28.7%) | +$1,450 (+40.3%) | $4,825 – $5,275 | 2 |
| 3BR | $3,950 | +$25 (+0.6%) | +$350 (+9.7%) | $3,400 – $4,799 | 571 |
| 4BR | $4,895 | +$545 (+12.5%) | +$895 (+22.4%) | $4,250 – $5,495 | 241 |
| 4BR | $3,900 | −$450 (-10.3%) | −$100 (-2.5%) | $3,900 – $3,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — June 2024
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,285 | $1,149 | +$136 (+11.8%) |
| Studio | $1,500 | $1,149 | +$351 (+30.5%) |
| 1BR | $2,100 | $1,499 | +$601 (+40.1%) |
| 1BR | $1,795 | $1,499 | +$296 (+19.8%) |
| 2BR | $1,800 | $1,899 | −$99 (-5.2%) |
| 2BR | $2,490 | $1,899 | +$591 (+31.1%) |
| 3BR | $5,050 | $2,395 | +$2,655 (+110.9%) |
| 3BR | $3,950 | $2,395 | +$1,555 (+64.9%) |
| 4BR | $4,895 | $2,698 | +$2,198 (+81.5%) |
| 4BR | $3,900 | $2,698 | +$1,203 (+44.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.