Monthly Rent Report
Lincoln Square Rent Report — July 2023
Asking rents in ZIP 60625, Chicago, from 234 listings.
Median 1BR rent in Lincoln Square was $1,463 in July 2023, up 4.8% (+$68) from June 2023 and up 10.4% year-over-year. The middle half of 1BR listings asked between $1,375 and $1,481. That puts Lincoln Square in line with the Chicago citywide 1BR median of $1,450. The month's figures are based on 234 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | +$300 (+23.2%) | +$485 (+43.7%) | $1,595 – $1,595 | 1 |
| Studio | $1,220 | −$75 (-5.8%) | +$110 (+9.9%) | $1,188 – $1,370 | 42 |
| 1BR | $1,463 | +$68 (+4.8%) | +$138 (+10.4%) | $1,375 – $1,481 | 4 |
| 1BR | $1,395 | $0 (0.0%) | +$70 (+5.3%) | $1,250 – $1,550 | 54 |
| 2BR | $1,700 | −$25 (-1.4%) | +$205 (+13.7%) | $1,500 – $2,175 | 97 |
| 2BR | $1,895 | +$170 (+9.9%) | +$400 (+26.8%) | $1,895 – $1,895 | 1 |
| 3BR | $2,295 | +$320 (+16.2%) | +$458 (+24.9%) | $1,960 – $3,475 | 27 |
| 3BR | $2,200 | +$225 (+11.4%) | +$363 (+19.7%) | $2,200 – $2,200 | 1 |
| 4BR | $3,600 | +$1,350 (+60.0%) | +$1,000 (+38.5%) | $3,600 – $3,600 | 3 |
| 4BR | $2,950 | +$700 (+31.1%) | +$350 (+13.5%) | $2,950 – $2,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — July 2023
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,200 | +$395 (+32.9%) |
| Studio | $1,220 | $1,200 | +$20 (+1.7%) |
| 1BR | $1,463 | $1,450 | +$13 (+0.9%) |
| 1BR | $1,395 | $1,450 | −$55 (-3.8%) |
| 2BR | $1,700 | $1,795 | −$95 (-5.3%) |
| 2BR | $1,895 | $1,795 | +$100 (+5.6%) |
| 3BR | $2,295 | $2,273 | +$23 (+1.0%) |
| 3BR | $2,200 | $2,273 | −$72 (-3.2%) |
| 4BR | $3,600 | $2,709 | +$892 (+32.9%) |
| 4BR | $2,950 | $2,709 | +$242 (+8.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.