Monthly Rent Report
Lincoln Square Rent Report — August 2022
Asking rents in ZIP 60625, Chicago, from 401 listings.
Median 1BR rent in Lincoln Square was $1,375 in August 2022, up 3.8% (+$50) from July 2022 and up 10.0% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,473. That puts Lincoln Square $80 above the Chicago citywide 1BR median of $1,295. The month's figures are based on 401 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | −$95 (-7.9%) | +$135 (+14.0%) | $1,048 – $1,100 | 3 |
| Studio | $1,100 | −$95 (-7.9%) | +$135 (+14.0%) | $1,025 – $1,250 | 174 |
| 1BR | $1,375 | +$50 (+3.8%) | +$125 (+10.0%) | $1,250 – $1,473 | 195 |
| 1BR | $1,300 | −$25 (-1.9%) | +$50 (+4.0%) | $1,188 – $1,350 | 11 |
| 2BR | $1,633 | −$17 (-1.1%) | +$83 (+5.3%) | $1,566 – $1,681 | 4 |
| 2BR | $1,500 | −$150 (-9.1%) | −$50 (-3.2%) | $1,500 – $1,500 | 1 |
| 3BR | $1,600 | −$237 (-12.9%) | −$1,000 (-38.5%) | $1,600 – $1,600 | 1 |
| 3BR | $3,200 | +$1,363 (+74.1%) | +$600 (+23.1%) | $3,200 – $3,200 | 1 |
| 4BR | $3,350 | +$355 (+11.9%) | −$250 (-6.9%) | $3,275 – $3,425 | 2 |
| 4BR | $3,200 | +$205 (+6.8%) | −$400 (-11.1%) | $2,400 – $3,500 | 7 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — August 2022
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,095 | +$5 (+0.5%) |
| Studio | $1,100 | $1,095 | +$5 (+0.5%) |
| 1BR | $1,375 | $1,295 | +$80 (+6.2%) |
| 1BR | $1,300 | $1,295 | +$5 (+0.4%) |
| 2BR | $1,633 | $1,795 | −$162 (-9.1%) |
| 2BR | $1,500 | $1,795 | −$295 (-16.4%) |
| 3BR | $1,600 | $2,250 | −$650 (-28.9%) |
| 3BR | $3,200 | $2,250 | +$950 (+42.2%) |
| 4BR | $3,350 | $2,455 | +$895 (+36.5%) |
| 4BR | $3,200 | $2,455 | +$745 (+30.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2022.