Monthly Rent Report
Lincoln Park Rent Report — September 2024
Asking rents in ZIP 60614, Chicago, from 64 listings.
Median 1BR rent in Lincoln Park was $1,700 in September 2024, down 15.0% (−$300) from August 2024 and down 48.1% year-over-year. The middle half of 1BR listings asked between $1,625 and $2,500. That puts Lincoln Park $205 above the Chicago citywide 1BR median of $1,495. The month's figures are based on 64 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,095 | −$200 (-15.4%) | −$617 (-36.0%) | $1,095 – $1,095 | 2 |
| Studio | $1,450 | +$155 (+12.0%) | −$262 (-15.3%) | $1,450 – $1,450 | 1 |
| 1BR | $1,700 | −$300 (-15.0%) | −$1,578 (-48.1%) | $1,625 – $2,500 | 15 |
| 1BR | $2,295 | +$295 (+14.8%) | −$983 (-30.0%) | $2,285 – $2,350 | 5 |
| 2BR | $2,300 | +$105 (+4.8%) | −$797 (-25.7%) | $2,300 – $2,575 | 3 |
| 2BR | $2,100 | −$95 (-4.3%) | −$997 (-32.2%) | $2,069 – $2,449 | 4 |
| 3BR | $4,836 | +$36 (+0.7%) | +$1,036 (+27.3%) | $4,107 – $5,564 | 2 |
| 3BR | $3,500 | −$1,300 (-27.1%) | −$300 (-7.9%) | $3,500 – $3,900 | 5 |
| 4BR | $4,150 | −$550 (-11.7%) | −$445 (-9.7%) | $4,150 – $4,150 | 5 |
| 4BR | $1,300 | −$3,400 (-72.3%) | −$3,295 (-71.7%) | $1,300 – $1,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — September 2024
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,095 | $1,195 | −$100 (-8.4%) |
| Studio | $1,450 | $1,195 | +$255 (+21.3%) |
| 1BR | $1,700 | $1,495 | +$205 (+13.7%) |
| 1BR | $2,295 | $1,495 | +$800 (+53.5%) |
| 2BR | $2,300 | $1,843 | +$458 (+24.8%) |
| 2BR | $2,100 | $1,843 | +$258 (+14.0%) |
| 3BR | $4,836 | $2,350 | +$2,486 (+105.8%) |
| 3BR | $3,500 | $2,350 | +$1,150 (+48.9%) |
| 4BR | $4,150 | $2,750 | +$1,400 (+50.9%) |
| 4BR | $1,300 | $2,750 | −$1,450 (-52.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.