Monthly Rent Report
Lincoln Square Rent Report — February 2023
Asking rents in ZIP 60625, Chicago, from 691 listings.
Median 1BR rent in Lincoln Square was $1,375 in February 2023, down 1.4% (−$20) from January 2023 and up 6.2% year-over-year. The middle half of 1BR listings asked between $1,270 and $1,550. That puts Lincoln Square $25 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 691 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | +$100 (+9.5%) | +$250 (+27.8%) | $1,095 – $1,195 | 71 |
| Studio | $1,100 | +$50 (+4.8%) | +$200 (+22.2%) | $1,100 – $1,100 | 2 |
| 1BR | $1,375 | −$20 (-1.4%) | +$80 (+6.2%) | $1,270 – $1,550 | 206 |
| 1BR | $1,525 | +$130 (+9.3%) | +$230 (+17.8%) | $1,488 – $1,550 | 4 |
| 2BR | $3,200 | +$1,340 (+72.0%) | +$1,250 (+64.1%) | $2,050 – $3,300 | 5 |
| 2BR | $1,650 | −$210 (-11.3%) | −$300 (-15.4%) | $1,495 – $2,000 | 276 |
| 3BR | $2,175 | −$1,972 (-47.6%) | +$375 (+20.8%) | $1,875 – $2,450 | 108 |
| 3BR | $2,598 | −$1,550 (-37.4%) | +$798 (+44.3%) | $2,296 – $2,899 | 2 |
| 4BR | $2,775 | −$77 (-2.7%) | +$375 (+15.6%) | $2,704 – $3,200 | 16 |
| 4BR | $3,800 | +$948 (+33.2%) | +$1,400 (+58.3%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — February 2023
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,149 | +$1 (+0.1%) |
| Studio | $1,100 | $1,149 | −$49 (-4.2%) |
| 1BR | $1,375 | $1,400 | −$25 (-1.8%) |
| 1BR | $1,525 | $1,400 | +$125 (+8.9%) |
| 2BR | $3,200 | $1,695 | +$1,505 (+88.8%) |
| 2BR | $1,650 | $1,695 | −$45 (-2.7%) |
| 3BR | $2,175 | $2,188 | −$12 (-0.6%) |
| 3BR | $2,598 | $2,188 | +$410 (+18.7%) |
| 4BR | $2,775 | $2,393 | +$383 (+16.0%) |
| 4BR | $3,800 | $2,393 | +$1,408 (+58.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.