Monthly Rent Report
Lincoln Square Rent Report — December 2023
Asking rents in ZIP 60625, Chicago, from 109 listings.
Median 1BR rent in Lincoln Square was $1,250 in December 2023, down 10.4% (−$145) from November 2023 and down 3.5% year-over-year. The middle half of 1BR listings asked between $1,125 and $1,288. That puts Lincoln Square $205 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 109 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,198 | −$2 (-0.2%) | +$148 (+14.0%) | $1,100 – $1,336 | 58 |
| Studio | $1,100 | −$100 (-8.3%) | +$50 (+4.8%) | $1,098 – $1,100 | 3 |
| 1BR | $1,250 | −$145 (-10.4%) | −$45 (-3.5%) | $1,125 – $1,288 | 3 |
| 1BR | $1,575 | +$180 (+12.9%) | +$280 (+21.6%) | $1,575 – $1,575 | 2 |
| 2BR | $1,450 | −$160 (-9.9%) | −$400 (-21.6%) | $1,450 – $1,450 | 1 |
| 2BR | $1,995 | +$385 (+23.9%) | +$145 (+7.8%) | $1,925 – $2,050 | 15 |
| 3BR | $2,800 | +$975 (+53.4%) | −$1,347 (-32.5%) | $2,350 – $4,300 | 11 |
| 3BR | $7,950 | +$6,125 (+335.6%) | +$3,803 (+91.7%) | $7,950 – $7,950 | 1 |
| 4BR | $2,767 | −$733 (-20.9%) | −$1,183 (-29.9%) | $2,767 – $2,767 | 1 |
| 4BR | $2,767 | −$733 (-20.9%) | −$1,183 (-29.9%) | $2,695 – $2,767 | 5 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — December 2023
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,198 | $1,218 | −$20 (-1.6%) |
| Studio | $1,100 | $1,218 | −$117 (-9.7%) |
| 1BR | $1,250 | $1,455 | −$205 (-14.1%) |
| 1BR | $1,575 | $1,455 | +$120 (+8.2%) |
| 2BR | $1,450 | $1,800 | −$350 (-19.4%) |
| 2BR | $1,995 | $1,800 | +$195 (+10.8%) |
| 3BR | $2,800 | $2,472 | +$328 (+13.3%) |
| 3BR | $7,950 | $2,472 | +$5,478 (+221.6%) |
| 4BR | $2,767 | $2,630 | +$137 (+5.2%) |
| 4BR | $2,767 | $2,630 | +$137 (+5.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.