Monthly Rent Report
Lincoln Park Rent Report — December 2024
Asking rents in ZIP 60614, Chicago, from 154 listings.
Median 1BR rent in Lincoln Park was $2,300 in December 2024, up 3.5% (+$78) from November 2024 and down 11.5% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,689. That puts Lincoln Park $650 above the Chicago citywide 1BR median of $1,650. The month's figures are based on 154 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,463 | +$128 (+9.6%) | −$537 (-26.9%) | $1,444 – $2,110 | 24 |
| Studio | $1,375 | +$40 (+3.0%) | −$625 (-31.3%) | $1,340 – $1,404 | 4 |
| 1BR | $2,300 | +$78 (+3.5%) | −$299 (-11.5%) | $2,000 – $2,689 | 50 |
| 1BR | $2,398 | +$176 (+7.9%) | −$201 (-7.8%) | $2,346 – $2,449 | 2 |
| 2BR | $1,995 | −$858 (-30.1%) | −$936 (-31.9%) | $1,995 – $1,995 | 1 |
| 2BR | $3,645 | +$792 (+27.8%) | +$714 (+24.3%) | $2,938 – $5,692 | 20 |
| 3BR | $6,475 | +$1,975 (+43.9%) | +$2,928 (+82.5%) | $6,475 – $6,475 | 1 |
| 3BR | $3,948 | −$552 (-12.3%) | +$400 (+11.3%) | $3,694 – $5,000 | 30 |
| 4BR | $6,400 | +$2,805 (+78.0%) | $0 (0.0%) | $6,400 – $6,400 | 2 |
| 4BR | $6,400 | +$2,805 (+78.0%) | $0 (0.0%) | $6,400 – $6,400 | 7 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — December 2024
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,463 | $1,385 | +$78 (+5.6%) |
| Studio | $1,375 | $1,385 | −$10 (-0.7%) |
| 1BR | $2,300 | $1,650 | +$650 (+39.4%) |
| 1BR | $2,398 | $1,650 | +$748 (+45.3%) |
| 2BR | $1,995 | $1,953 | +$43 (+2.2%) |
| 2BR | $3,645 | $1,953 | +$1,693 (+86.7%) |
| 3BR | $6,475 | $2,395 | +$4,080 (+170.4%) |
| 3BR | $3,948 | $2,395 | +$1,553 (+64.8%) |
| 4BR | $6,400 | $2,850 | +$3,550 (+124.6%) |
| 4BR | $6,400 | $2,850 | +$3,550 (+124.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.