Monthly Rent Report
Lincoln Park Rent Report — July 2024
Asking rents in ZIP 60614, Chicago, from 1,019 listings.
Median 1BR rent in Lincoln Park was $1,745 in July 2024, down 16.9% (−$355) from June 2024 and down 31.0% year-over-year. The middle half of 1BR listings asked between $1,728 and $1,789. That puts Lincoln Park $185 above the Chicago citywide 1BR median of $1,560. The month's figures are based on 1,019 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,325 | +$40 (+3.1%) | −$295 (-18.2%) | $1,295 – $1,365 | 4 |
| Studio | $1,585 | +$300 (+23.3%) | −$35 (-2.2%) | $1,345 – $1,903 | 333 |
| 1BR | $1,745 | −$355 (-16.9%) | −$785 (-31.0%) | $1,728 – $1,789 | 6 |
| 1BR | $2,228 | +$128 (+6.1%) | −$302 (-11.9%) | $1,800 – $2,605 | 410 |
| 2BR | $3,098 | +$1,298 (+72.1%) | −$1,052 (-25.3%) | $2,400 – $3,695 | 242 |
| 2BR | $2,695 | +$895 (+49.7%) | −$1,455 (-35.1%) | $2,250 – $3,350 | 5 |
| 3BR | $4,200 | +$250 (+6.3%) | +$605 (+16.8%) | $3,725 – $4,850 | 3 |
| 3BR | $5,000 | +$1,050 (+26.6%) | +$1,405 (+39.1%) | $5,000 – $5,000 | 1 |
| 4BR | $3,675 | −$225 (-5.8%) | −$4,200 (-53.3%) | $3,675 – $3,675 | 1 |
| 4BR | $3,200 | −$700 (-17.9%) | −$4,675 (-59.4%) | $3,200 – $3,200 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — July 2024
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,325 | $1,218 | +$107 (+8.8%) |
| Studio | $1,585 | $1,218 | +$367 (+30.1%) |
| 1BR | $1,745 | $1,560 | +$185 (+11.9%) |
| 1BR | $2,228 | $1,560 | +$668 (+42.8%) |
| 2BR | $3,098 | $1,805 | +$1,293 (+71.6%) |
| 2BR | $2,695 | $1,805 | +$890 (+49.3%) |
| 3BR | $4,200 | $2,363 | +$1,838 (+77.8%) |
| 3BR | $5,000 | $2,363 | +$2,638 (+111.6%) |
| 4BR | $3,675 | $2,789 | +$886 (+31.8%) |
| 4BR | $3,200 | $2,789 | +$411 (+14.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.