Monthly Rent Report
Lincoln Square Rent Report — March 2022
Asking rents in ZIP 60625, Chicago, from 62 listings.
Median 1BR rent in Lincoln Square was $1,325 in March 2022, up 2.3% (+$30) from February 2022 and up 12.8% year-over-year. The middle half of 1BR listings asked between $1,243 and $1,350. That puts Lincoln Square $95 above the Chicago citywide 1BR median of $1,230. The month's figures are based on 62 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $950 | +$50 (+5.6%) | −$345 (-26.6%) | $900 – $990 | 7 |
| 1BR | $1,325 | +$30 (+2.3%) | +$150 (+12.8%) | $1,243 – $1,350 | 27 |
| 1BR | $1,295 | $0 (0.0%) | +$120 (+10.2%) | $1,295 – $1,295 | 1 |
| 2BR | $1,650 | +$175 (+11.9%) | +$150 (+10.0%) | $1,550 – $1,700 | 13 |
| 2BR | $1,250 | −$225 (-15.3%) | −$250 (-16.7%) | $1,250 – $1,350 | 10 |
| 3BR | $2,000 | +$200 (+11.1%) | +$465 (+30.3%) | $1,800 – $2,200 | 2 |
| 4BR | $2,300 | −$100 (-4.2%) | +$50 (+2.2%) | $2,300 – $2,300 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — March 2022
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $950 | $950 | $0 (0.0%) |
| 1BR | $1,325 | $1,230 | +$95 (+7.7%) |
| 1BR | $1,295 | $1,230 | +$65 (+5.3%) |
| 2BR | $1,650 | $1,473 | +$178 (+12.1%) |
| 2BR | $1,250 | $1,473 | −$222 (-15.1%) |
| 3BR | $2,000 | $1,950 | +$50 (+2.6%) |
| 4BR | $2,300 | $2,300 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2022.