Monthly Rent Report
Lincoln Square Rent Report — February 2024
Asking rents in ZIP 60625, Chicago, from 665 listings.
Median 1BR rent in Lincoln Square was $1,495 in February 2024, down 2.0% (−$30) from January 2024 and down 2.0% year-over-year. The middle half of 1BR listings asked between $1,369 and $1,650. That puts Lincoln Square in line with the Chicago citywide 1BR median of $1,500. The month's figures are based on 665 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,195 | −$155 (-11.5%) | +$95 (+8.6%) | $1,050 – $1,356 | 48 |
| Studio | $1,223 | −$127 (-9.4%) | +$123 (+11.1%) | $1,159 – $1,286 | 2 |
| 1BR | $1,495 | −$30 (-2.0%) | −$30 (-2.0%) | $1,369 – $1,650 | 148 |
| 1BR | $1,295 | −$230 (-15.1%) | −$230 (-15.1%) | $1,295 – $1,295 | 1 |
| 2BR | $1,750 | $0 (0.0%) | −$1,450 (-45.3%) | $1,430 – $2,050 | 4 |
| 2BR | $1,850 | +$100 (+5.7%) | −$1,350 (-42.2%) | $1,625 – $2,200 | 309 |
| 3BR | $2,300 | −$200 (-8.0%) | −$297 (-11.5%) | $1,995 – $2,800 | 100 |
| 3BR | $2,050 | −$450 (-18.0%) | −$547 (-21.1%) | $2,050 – $2,050 | 1 |
| 4BR | $2,550 | +$3 (+0.1%) | −$1,250 (-32.9%) | $2,400 – $3,100 | 22 |
| 4BR | $2,550 | +$3 (+0.1%) | −$1,250 (-32.9%) | $2,400 – $3,100 | 22 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — February 2024
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,195 | $1,211 | −$16 (-1.3%) |
| Studio | $1,223 | $1,211 | +$11 (+0.9%) |
| 1BR | $1,495 | $1,500 | −$5 (-0.3%) |
| 1BR | $1,295 | $1,500 | −$205 (-13.7%) |
| 2BR | $1,750 | $1,813 | −$62 (-3.4%) |
| 2BR | $1,850 | $1,813 | +$38 (+2.1%) |
| 3BR | $2,300 | $2,300 | $0 (0.0%) |
| 3BR | $2,050 | $2,300 | −$250 (-10.9%) |
| 4BR | $2,550 | $2,792 | −$241 (-8.7%) |
| 4BR | $2,550 | $2,792 | −$241 (-8.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.