Monthly Rent Report
Lincoln Square Rent Report — March 2024
Asking rents in ZIP 60625, Chicago, from 503 listings.
Median 1BR rent in Lincoln Square was $1,450 in March 2024, up 12.0% (+$155) from February 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $1,295 and $1,600. That puts Lincoln Square $55 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 503 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,310 | +$88 (+7.2%) | −$40 (-3.0%) | $1,303 – $1,318 | 2 |
| Studio | $1,200 | −$22 (-1.8%) | −$150 (-11.1%) | $1,050 – $1,306 | 88 |
| 1BR | $1,450 | +$155 (+12.0%) | $0 (0.0%) | $1,295 – $1,600 | 140 |
| 1BR | $1,735 | +$440 (+34.0%) | +$285 (+19.7%) | $1,455 – $2,015 | 2 |
| 2BR | $2,235 | +$485 (+27.7%) | +$385 (+20.8%) | $1,695 – $2,350 | 9 |
| 2BR | $1,800 | +$50 (+2.9%) | −$50 (-2.7%) | $1,650 – $2,300 | 229 |
| 3BR | $2,295 | −$5 (-0.2%) | +$95 (+4.3%) | $2,295 – $3,098 | 3 |
| 3BR | $2,400 | +$100 (+4.3%) | +$200 (+9.1%) | $2,400 – $2,400 | 1 |
| 4BR | $2,400 | −$150 (-5.9%) | −$327 (-12.0%) | $2,100 – $2,625 | 14 |
| 4BR | $2,550 | $0 (0.0%) | −$177 (-6.5%) | $2,325 – $2,913 | 12 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — March 2024
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,310 | $1,225 | +$85 (+6.9%) |
| Studio | $1,200 | $1,225 | −$25 (-2.0%) |
| 1BR | $1,450 | $1,505 | −$54 (-3.6%) |
| 1BR | $1,735 | $1,505 | +$231 (+15.3%) |
| 2BR | $2,235 | $1,900 | +$335 (+17.6%) |
| 2BR | $1,800 | $1,900 | −$100 (-5.3%) |
| 3BR | $2,295 | $2,250 | +$45 (+2.0%) |
| 3BR | $2,400 | $2,250 | +$150 (+6.7%) |
| 4BR | $2,400 | $2,650 | −$250 (-9.4%) |
| 4BR | $2,550 | $2,650 | −$100 (-3.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.