Monthly Rent Report
Lincoln Square Rent Report — April 2023
Asking rents in ZIP 60625, Chicago, from 999 listings.
Median 1BR rent in Lincoln Square was $1,550 in April 2023, up 6.9% (+$100) from March 2023 and up 11.1% year-over-year. The middle half of 1BR listings asked between $1,413 and $1,823. That puts Lincoln Square $125 above the Chicago citywide 1BR median of $1,425. The month's figures are based on 999 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,573 | +$510 (+48.0%) | +$623 (+65.5%) | $1,561 – $1,584 | 2 |
| Studio | $1,075 | +$13 (+1.2%) | +$125 (+13.2%) | $998 – $1,195 | 115 |
| 1BR | $1,550 | +$100 (+6.9%) | +$155 (+11.1%) | $1,413 – $1,823 | 3 |
| 1BR | $1,450 | $0 (0.0%) | +$55 (+3.9%) | $1,296 – $1,749 | 318 |
| 2BR | $1,750 | −$100 (-5.4%) | +$378 (+27.5%) | $1,525 – $2,350 | 408 |
| 2BR | $2,295 | +$445 (+24.1%) | +$923 (+67.2%) | $2,023 – $2,538 | 7 |
| 3BR | $2,460 | +$310 (+14.4%) | +$485 (+24.6%) | $1,975 – $3,150 | 118 |
| 3BR | $3,250 | +$1,100 (+51.2%) | +$1,275 (+64.6%) | $2,875 – $3,623 | 3 |
| 4BR | $2,750 | +$23 (+0.8%) | −$50 (-1.8%) | $2,704 – $3,450 | 24 |
| 4BR | $3,000 | +$273 (+10.0%) | +$200 (+7.1%) | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — April 2023
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,573 | $1,195 | +$378 (+31.6%) |
| Studio | $1,075 | $1,195 | −$120 (-10.0%) |
| 1BR | $1,550 | $1,425 | +$125 (+8.8%) |
| 1BR | $1,450 | $1,425 | +$25 (+1.8%) |
| 2BR | $1,750 | $1,725 | +$25 (+1.4%) |
| 2BR | $2,295 | $1,725 | +$570 (+33.0%) |
| 3BR | $2,460 | $2,300 | +$160 (+7.0%) |
| 3BR | $3,250 | $2,300 | +$950 (+41.3%) |
| 4BR | $2,750 | $2,597 | +$153 (+5.9%) |
| 4BR | $3,000 | $2,597 | +$403 (+15.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.