Monthly Rent Report
Lincoln Square Rent Report — April 2024
Asking rents in ZIP 60625, Chicago, from 500 listings.
Median 1BR rent in Lincoln Square was $1,450 in April 2024, down 16.4% (−$285) from March 2024 and down 6.5% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,600. That puts Lincoln Square $50 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 500 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,555 | +$355 (+29.6%) | +$480 (+44.7%) | $1,555 – $1,555 | 1 |
| Studio | $1,100 | −$100 (-8.3%) | +$25 (+2.3%) | $1,050 – $1,275 | 109 |
| 1BR | $1,450 | −$285 (-16.4%) | −$100 (-6.5%) | $1,450 – $1,600 | 5 |
| 1BR | $1,600 | −$135 (-7.8%) | +$50 (+3.2%) | $1,600 – $1,600 | 1 |
| 2BR | $1,763 | −$37 (-2.1%) | +$13 (+0.7%) | $1,595 – $2,099 | 354 |
| 2BR | $2,073 | +$273 (+15.1%) | +$323 (+18.4%) | $1,719 – $2,571 | 4 |
| 3BR | $2,500 | +$100 (+4.2%) | −$750 (-23.1%) | $2,500 – $2,500 | 1 |
| 3BR | $1,945 | −$455 (-19.0%) | −$1,305 (-40.2%) | $1,945 – $1,945 | 1 |
| 4BR | $4,950 | +$2,400 (+94.1%) | +$1,950 (+65.0%) | $4,950 – $4,950 | 1 |
| 4BR | $3,000 | +$450 (+17.6%) | $0 (0.0%) | $2,550 – $3,199 | 18 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — April 2024
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,555 | $1,222 | +$333 (+27.3%) |
| Studio | $1,100 | $1,222 | −$122 (-10.0%) |
| 1BR | $1,450 | $1,500 | −$50 (-3.3%) |
| 1BR | $1,600 | $1,500 | +$100 (+6.7%) |
| 2BR | $1,763 | $1,850 | −$87 (-4.7%) |
| 2BR | $2,073 | $1,850 | +$223 (+12.0%) |
| 3BR | $2,500 | $2,300 | +$200 (+8.7%) |
| 3BR | $1,945 | $2,300 | −$355 (-15.4%) |
| 4BR | $4,950 | $2,800 | +$2,150 (+76.8%) |
| 4BR | $3,000 | $2,800 | +$200 (+7.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.