Monthly Rent Report
Lincoln Square Rent Report — November 2023
Asking rents in ZIP 60625, Chicago, from 332 listings.
Median 1BR rent in Lincoln Square was $1,395 in November 2023, up 7.9% (+$103) from October 2023 and down 15.5% year-over-year. The middle half of 1BR listings asked between $1,295 and $1,620. That puts Lincoln Square $109 below the Chicago citywide 1BR median of $1,504. The month's figures are based on 332 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | +$90 (+8.1%) | +$155 (+14.8%) | $1,200 – $1,200 | 1 |
| Studio | $1,100 | −$10 (-0.9%) | +$55 (+5.3%) | $1,100 – $1,125 | 3 |
| 1BR | $1,395 | +$103 (+7.9%) | −$255 (-15.5%) | $1,295 – $1,620 | 170 |
| 1BR | $1,075 | −$217 (-16.8%) | −$575 (-34.8%) | $1,075 – $1,075 | 1 |
| 2BR | $1,610 | −$585 (-26.7%) | −$1,590 (-49.7%) | $1,568 – $1,653 | 2 |
| 2BR | $2,050 | −$145 (-6.6%) | −$1,150 (-35.9%) | $1,895 – $2,250 | 9 |
| 3BR | $1,825 | −$175 (-8.8%) | −$2,322 (-56.0%) | $1,813 – $1,838 | 2 |
| 3BR | $2,108 | +$108 (+5.4%) | −$2,039 (-49.2%) | $1,900 – $2,550 | 133 |
| 4BR | $3,500 | −$400 (-10.3%) | +$500 (+16.7%) | $3,500 – $3,500 | 2 |
| 4BR | $3,200 | −$700 (-17.9%) | +$200 (+6.7%) | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — November 2023
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,160 | +$40 (+3.4%) |
| Studio | $1,100 | $1,160 | −$60 (-5.2%) |
| 1BR | $1,395 | $1,504 | −$108 (-7.2%) |
| 1BR | $1,075 | $1,504 | −$428 (-28.5%) |
| 2BR | $1,610 | $1,800 | −$190 (-10.6%) |
| 2BR | $2,050 | $1,800 | +$250 (+13.9%) |
| 3BR | $1,825 | $2,298 | −$472 (-20.6%) |
| 3BR | $2,108 | $2,298 | −$189 (-8.2%) |
| 4BR | $3,500 | $2,750 | +$750 (+27.3%) |
| 4BR | $3,200 | $2,750 | +$450 (+16.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.