Monthly Rent Report
Lincoln Square Rent Report — January 2023
Asking rents in ZIP 60625, Chicago, from 615 listings.
Median 1BR rent in Lincoln Square was $1,395 in January 2023, up 3.7% (+$50) from December 2022 and up 31.7% year-over-year. The middle half of 1BR listings asked between $1,295 and $1,750. That puts Lincoln Square $45 above the Chicago citywide 1BR median of $1,350. The month's figures are based on 615 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | +$105 (+10.6%) | +$250 (+29.4%) | $1,100 – $1,100 | 1 |
| Studio | $1,050 | +$55 (+5.5%) | +$200 (+23.5%) | $995 – $1,095 | 62 |
| 1BR | $1,395 | +$50 (+3.7%) | +$336 (+31.7%) | $1,295 – $1,750 | 152 |
| 1BR | $1,795 | +$450 (+33.5%) | +$736 (+69.5%) | $1,450 – $2,100 | 9 |
| 2BR | $1,860 | +$10 (+0.5%) | +$435 (+30.5%) | $1,500 – $2,375 | 295 |
| 2BR | $3,025 | +$1,175 (+63.5%) | +$1,600 (+112.3%) | $1,800 – $3,200 | 18 |
| 3BR | $4,148 | +$1,773 (+74.6%) | +$2,248 (+118.3%) | $3,995 – $4,300 | 4 |
| 3BR | $2,500 | +$125 (+5.3%) | +$600 (+31.6%) | $2,000 – $3,893 | 67 |
| 4BR | $2,350 | −$1,600 (-40.5%) | −$1,650 (-41.3%) | $2,350 – $2,350 | 1 |
| 4BR | $2,852 | −$1,098 (-27.8%) | −$1,148 (-28.7%) | $2,701 – $3,713 | 6 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — January 2023
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,061 | +$39 (+3.7%) |
| Studio | $1,050 | $1,061 | −$11 (-1.1%) |
| 1BR | $1,395 | $1,350 | +$45 (+3.3%) |
| 1BR | $1,795 | $1,350 | +$445 (+33.0%) |
| 2BR | $1,860 | $1,698 | +$163 (+9.6%) |
| 2BR | $3,025 | $1,698 | +$1,328 (+78.2%) |
| 3BR | $4,148 | $2,123 | +$2,025 (+95.4%) |
| 3BR | $2,500 | $2,123 | +$378 (+17.8%) |
| 4BR | $2,350 | $2,417 | −$66 (-2.8%) |
| 4BR | $2,852 | $2,417 | +$436 (+18.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.