Monthly Rent Report
Lincoln Park Rent Report — August 2024
Asking rents in ZIP 60614, Chicago, from 29 listings.
Median 1BR rent in Lincoln Park was $2,000 in August 2024, up 14.6% (+$255) from July 2024 and down 11.1% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Lincoln Park $462 above the Chicago citywide 1BR median of $1,538. The month's figures are based on 29 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | −$30 (-2.3%) | −$200 (-13.4%) | $1,295 – $1,360 | 3 |
| 1BR | $2,000 | +$255 (+14.6%) | −$250 (-11.1%) | $2,000 – $2,000 | 2 |
| 1BR | $2,195 | +$450 (+25.8%) | −$55 (-2.4%) | $2,070 – $2,209 | 4 |
| 2BR | $2,195 | −$500 (-18.6%) | −$1,800 (-45.1%) | $2,195 – $3,350 | 5 |
| 2BR | $2,095 | −$600 (-22.3%) | −$1,900 (-47.6%) | $2,095 – $2,095 | 6 |
| 3BR | $4,800 | +$600 (+14.3%) | +$1,825 (+61.3%) | $4,575 – $5,025 | 2 |
| 3BR | $3,600 | −$600 (-14.3%) | +$625 (+21.0%) | $3,600 – $3,600 | 1 |
| 4BR | $4,700 | +$1,025 (+27.9%) | +$805 (+20.7%) | $4,700 – $4,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — August 2024
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,190 | +$105 (+8.8%) |
| 1BR | $2,000 | $1,538 | +$462 (+30.0%) |
| 1BR | $2,195 | $1,538 | +$657 (+42.7%) |
| 2BR | $2,195 | $1,823 | +$373 (+20.4%) |
| 2BR | $2,095 | $1,823 | +$273 (+15.0%) |
| 3BR | $4,800 | $2,300 | +$2,500 (+108.7%) |
| 3BR | $3,600 | $2,300 | +$1,300 (+56.5%) |
| 4BR | $4,700 | $2,995 | +$1,705 (+56.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.