Monthly Rent Report
Lincoln Square Rent Report — October 2022
Asking rents in ZIP 60625, Chicago, from 115 listings.
Median 1BR rent in Lincoln Square was $1,595 in October 2022, up 20.6% (+$273) from September 2022 and up 27.6% year-over-year. The middle half of 1BR listings asked between $1,313 and $1,623. That puts Lincoln Square $278 above the Chicago citywide 1BR median of $1,318. The month's figures are based on 115 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,050 | +$50 (+5.0%) | +$85 (+8.8%) | $975 – $1,095 | 52 |
| Studio | $995 | −$5 (-0.5%) | +$30 (+3.1%) | $985 – $998 | 3 |
| 1BR | $1,595 | +$273 (+20.6%) | +$345 (+27.6%) | $1,313 – $1,623 | 7 |
| 1BR | $1,445 | +$123 (+9.3%) | +$195 (+15.6%) | $1,240 – $1,550 | 12 |
| 2BR | $1,975 | +$525 (+36.2%) | +$588 (+42.3%) | $1,705 – $2,130 | 10 |
| 2BR | $1,500 | +$50 (+3.4%) | +$113 (+8.1%) | $1,500 – $1,600 | 13 |
| 3BR | $2,325 | +$125 (+5.7%) | +$450 (+24.0%) | $1,988 – $2,663 | 2 |
| 3BR | $2,350 | +$150 (+6.8%) | +$475 (+25.3%) | $1,750 – $2,500 | 13 |
| 4BR | $3,000 | −$725 (-19.5%) | +$900 (+42.9%) | $3,000 – $3,000 | 2 |
| 4BR | $3,000 | −$725 (-19.5%) | +$900 (+42.9%) | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — October 2022
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,050 | $1,050 | $0 (0.0%) |
| Studio | $995 | $1,050 | −$55 (-5.2%) |
| 1BR | $1,595 | $1,318 | +$278 (+21.1%) |
| 1BR | $1,445 | $1,318 | +$128 (+9.7%) |
| 2BR | $1,975 | $1,700 | +$275 (+16.2%) |
| 2BR | $1,500 | $1,700 | −$200 (-11.8%) |
| 3BR | $2,325 | $2,190 | +$135 (+6.2%) |
| 3BR | $2,350 | $2,190 | +$160 (+7.3%) |
| 4BR | $3,000 | $2,478 | +$523 (+21.1%) |
| 4BR | $3,000 | $2,478 | +$523 (+21.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2022.