Monthly Rent Report
Lincoln Square Rent Report — December 2022
Asking rents in ZIP 60625, Chicago, from 241 listings.
Median 1BR rent in Lincoln Square was $1,295 in December 2022, down 21.5% (−$355) from November 2022 and unchanged year-over-year. The middle half of 1BR listings asked between $1,256 and $1,750. That puts Lincoln Square $50 below the Chicago citywide 1BR median of $1,345. The month's figures are based on 241 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | −$50 (-4.8%) | −$300 (-23.2%) | $985 – $995 | 3 |
| Studio | $1,050 | +$5 (+0.5%) | −$245 (-18.9%) | $995 – $1,095 | 25 |
| 1BR | $1,295 | −$355 (-21.5%) | $0 (0.0%) | $1,256 – $1,750 | 58 |
| 1BR | $1,345 | −$305 (-18.5%) | +$50 (+3.9%) | $1,100 – $1,440 | 6 |
| 2BR | $1,850 | −$1,350 (-42.2%) | +$225 (+13.8%) | $1,500 – $2,195 | 97 |
| 2BR | $2,050 | −$1,150 (-35.9%) | +$425 (+26.2%) | $1,625 – $3,175 | 10 |
| 3BR | $2,375 | +$500 (+26.7%) | +$550 (+30.1%) | $1,990 – $2,500 | 34 |
| 3BR | $4,148 | +$2,273 (+121.2%) | +$2,323 (+127.3%) | $3,995 – $4,300 | 4 |
| 4BR | $3,950 | +$950 (+31.7%) | −$50 (-1.3%) | $3,950 – $3,950 | 3 |
| 4BR | $3,950 | +$950 (+31.7%) | −$50 (-1.3%) | $3,950 – $3,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — December 2022
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,050 | −$55 (-5.2%) |
| Studio | $1,050 | $1,050 | $0 (0.0%) |
| 1BR | $1,295 | $1,345 | −$50 (-3.7%) |
| 1BR | $1,345 | $1,345 | $0 (0.0%) |
| 2BR | $1,850 | $1,675 | +$175 (+10.4%) |
| 2BR | $2,050 | $1,675 | +$375 (+22.4%) |
| 3BR | $2,375 | $2,181 | +$194 (+8.9%) |
| 3BR | $4,148 | $2,181 | +$1,966 (+90.1%) |
| 4BR | $3,950 | $2,589 | +$1,361 (+52.6%) |
| 4BR | $3,950 | $2,589 | +$1,361 (+52.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2022.