Monthly Rent Report
Lincoln Square Rent Report — October 2023
Asking rents in ZIP 60625, Chicago, from 77 listings.
Median 1BR rent in Lincoln Square was $1,500 in October 2023, up 3.4% (+$50) from September 2023 and up 3.8% year-over-year. The middle half of 1BR listings asked between $1,375 and $1,595. That puts Lincoln Square $25 above the Chicago citywide 1BR median of $1,475. The month's figures are based on 77 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,110 | −$240 (-17.8%) | +$60 (+5.7%) | $1,050 – $1,360 | 13 |
| Studio | $1,100 | −$250 (-18.5%) | +$50 (+4.8%) | $1,100 – $1,100 | 1 |
| 1BR | $1,500 | +$50 (+3.4%) | +$55 (+3.8%) | $1,375 – $1,595 | 36 |
| 1BR | $1,293 | −$157 (-10.9%) | −$152 (-10.6%) | $1,271 – $1,314 | 2 |
| 2BR | $2,050 | −$50 (-2.4%) | +$550 (+36.7%) | $2,050 – $2,050 | 1 |
| 2BR | $2,195 | +$95 (+4.5%) | +$695 (+46.3%) | $1,400 – $2,195 | 5 |
| 3BR | $3,200 | +$896 (+38.9%) | +$850 (+36.2%) | $3,200 – $3,200 | 1 |
| 3BR | $2,000 | −$304 (-13.2%) | −$350 (-14.9%) | $1,750 – $2,000 | 3 |
| 4BR | $3,900 | +$300 (+8.3%) | +$900 (+30.0%) | $3,750 – $4,050 | 2 |
| 4BR | $3,625 | +$25 (+0.7%) | +$625 (+20.8%) | $3,600 – $3,650 | 10 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — October 2023
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,110 | $1,200 | −$90 (-7.5%) |
| Studio | $1,100 | $1,200 | −$100 (-8.3%) |
| 1BR | $1,500 | $1,475 | +$25 (+1.7%) |
| 1BR | $1,293 | $1,475 | −$182 (-12.4%) |
| 2BR | $2,050 | $1,800 | +$250 (+13.9%) |
| 2BR | $2,195 | $1,800 | +$395 (+21.9%) |
| 3BR | $3,200 | $2,450 | +$750 (+30.6%) |
| 3BR | $2,000 | $2,450 | −$450 (-18.4%) |
| 4BR | $3,900 | $2,575 | +$1,325 (+51.5%) |
| 4BR | $3,625 | $2,575 | +$1,050 (+40.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.