Monthly Rent Report
Lincoln Square Rent Report — January 2024
Asking rents in ZIP 60625, Chicago, from 226 listings.
Median 1BR rent in Lincoln Square was $1,400 in January 2024, down 11.1% (−$175) from December 2023 and down 22.0% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,400. That puts Lincoln Square $117 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 226 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | −$97 (-8.1%) | +$50 (+4.8%) | $1,075 – $1,113 | 4 |
| Studio | $1,350 | +$153 (+12.7%) | +$300 (+28.6%) | $1,050 – $1,375 | 29 |
| 1BR | $1,400 | −$175 (-11.1%) | −$395 (-22.0%) | $1,400 – $1,400 | 1 |
| 1BR | $1,525 | −$50 (-3.2%) | −$270 (-15.0%) | $1,319 – $1,969 | 30 |
| 2BR | $1,395 | −$600 (-30.1%) | −$1,630 (-53.9%) | $1,350 – $1,750 | 5 |
| 2BR | $1,750 | −$245 (-12.3%) | −$1,275 (-42.1%) | $1,550 – $2,200 | 109 |
| 3BR | $1,875 | −$925 (-33.0%) | −$625 (-25.0%) | $1,875 – $1,875 | 1 |
| 3BR | $2,500 | −$300 (-10.7%) | $0 (0.0%) | $2,138 – $2,688 | 40 |
| 4BR | $2,548 | −$219 (-7.9%) | −$304 (-10.7%) | $2,400 – $2,695 | 4 |
| 4BR | $3,600 | +$833 (+30.1%) | +$748 (+26.2%) | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — January 2024
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,225 | −$125 (-10.2%) |
| Studio | $1,350 | $1,225 | +$125 (+10.2%) |
| 1BR | $1,400 | $1,517 | −$117 (-7.7%) |
| 1BR | $1,525 | $1,517 | +$8 (+0.5%) |
| 2BR | $1,395 | $1,800 | −$405 (-22.5%) |
| 2BR | $1,750 | $1,800 | −$50 (-2.8%) |
| 3BR | $1,875 | $2,300 | −$425 (-18.5%) |
| 3BR | $2,500 | $2,300 | +$200 (+8.7%) |
| 4BR | $2,548 | $2,792 | −$244 (-8.7%) |
| 4BR | $3,600 | $2,792 | +$809 (+29.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.