Monthly Rent Report
Lincoln Square Rent Report — September 2023
Asking rents in ZIP 60625, Chicago, from 56 listings.
Median 1BR rent in Lincoln Square was $1,548 in September 2023, up 6.8% (+$98) from August 2023 and up 13.8% year-over-year. The middle half of 1BR listings asked between $1,375 and $1,695. That puts Lincoln Square $98 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 56 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | −$1,400 (-56.0%) | $0 (0.0%) | $1,100 – $1,100 | 3 |
| Studio | $1,350 | −$1,150 (-46.0%) | +$250 (+22.7%) | $1,135 – $1,353 | 12 |
| 1BR | $1,548 | +$98 (+6.8%) | +$188 (+13.8%) | $1,375 – $1,695 | 14 |
| 1BR | $1,450 | $0 (0.0%) | +$90 (+6.6%) | $1,400 – $1,473 | 3 |
| 2BR | $2,100 | +$638 (+43.6%) | +$650 (+44.8%) | $2,100 – $2,100 | 4 |
| 2BR | $1,725 | +$263 (+17.9%) | +$275 (+19.0%) | $1,725 – $1,725 | 1 |
| 3BR | $2,304 | +$154 (+7.2%) | +$104 (+4.7%) | $2,304 – $2,304 | 2 |
| 3BR | $2,750 | +$600 (+27.9%) | +$550 (+25.0%) | $2,750 – $2,754 | 4 |
| 4BR | $3,134 | −$466 (-13.0%) | −$1,366 (-30.4%) | $2,767 – $3,500 | 6 |
| 4BR | $3,600 | $0 (0.0%) | −$900 (-20.0%) | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — September 2023
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,238 | −$137 (-11.1%) |
| Studio | $1,350 | $1,238 | +$113 (+9.1%) |
| 1BR | $1,548 | $1,450 | +$98 (+6.8%) |
| 1BR | $1,450 | $1,450 | $0 (0.0%) |
| 2BR | $2,100 | $1,738 | +$363 (+20.9%) |
| 2BR | $1,725 | $1,738 | −$12 (-0.7%) |
| 3BR | $2,304 | $2,327 | −$23 (-1.0%) |
| 3BR | $2,750 | $2,327 | +$423 (+18.2%) |
| 4BR | $3,134 | $2,783 | +$351 (+12.6%) |
| 4BR | $3,600 | $2,783 | +$817 (+29.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.