Monthly Rent Report
Lincoln Square Rent Report — June 2023
Asking rents in ZIP 60625, Chicago, from 802 listings.
Median 1BR rent in Lincoln Square was $1,395 in June 2023, down 3.8% (−$55) from May 2023 and up 10.9% year-over-year. The middle half of 1BR listings asked between $1,375 and $1,525. That puts Lincoln Square in line with the Chicago citywide 1BR median of $1,400. The month's figures are based on 802 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | +$95 (+7.9%) | +$330 (+34.2%) | $1,050 – $1,550 | 106 |
| Studio | $1,550 | +$350 (+29.2%) | +$585 (+60.6%) | $1,550 – $1,550 | 2 |
| 1BR | $1,395 | −$55 (-3.8%) | +$138 (+10.9%) | $1,375 – $1,525 | 7 |
| 1BR | $1,498 | +$48 (+3.3%) | +$240 (+19.1%) | $1,300 – $1,768 | 258 |
| 2BR | $1,725 | +$50 (+3.0%) | +$125 (+7.8%) | $1,525 – $2,450 | 326 |
| 2BR | $1,538 | −$137 (-8.2%) | −$62 (-3.9%) | $1,500 – $1,781 | 4 |
| 3BR | $2,275 | −$25 (-1.1%) | +$75 (+3.4%) | $2,000 – $3,970 | 84 |
| 3BR | $1,975 | −$325 (-14.1%) | −$225 (-10.2%) | $1,913 – $2,038 | 2 |
| 4BR | $2,950 | +$246 (+9.1%) | +$550 (+22.9%) | $2,950 – $2,950 | 9 |
| 4BR | $2,250 | −$454 (-16.8%) | −$150 (-6.3%) | $2,250 – $2,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — June 2023
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,243 | +$53 (+4.2%) |
| Studio | $1,550 | $1,243 | +$308 (+24.7%) |
| 1BR | $1,395 | $1,400 | −$5 (-0.4%) |
| 1BR | $1,498 | $1,400 | +$98 (+7.0%) |
| 2BR | $1,725 | $1,700 | +$25 (+1.5%) |
| 2BR | $1,538 | $1,700 | −$162 (-9.6%) |
| 3BR | $2,275 | $2,275 | $0 (0.0%) |
| 3BR | $1,975 | $2,275 | −$300 (-13.2%) |
| 4BR | $2,950 | $2,500 | +$450 (+18.0%) |
| 4BR | $2,250 | $2,500 | −$250 (-10.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.