Monthly Rent Report
Lincoln Square Rent Report — June 2024
Asking rents in ZIP 60625, Chicago, from 1,709 listings.
Median 1BR rent in Lincoln Square was $1,363 in June 2024, down 24.3% (−$437) from May 2024 and down 2.3% year-over-year. The middle half of 1BR listings asked between $1,288 and $1,413. That puts Lincoln Square $136 below the Chicago citywide 1BR median of $1,499. The month's figures are based on 1,709 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | +$100 (+8.3%) | −$250 (-16.1%) | $1,225 – $1,375 | 2 |
| Studio | $1,250 | +$50 (+4.2%) | −$300 (-19.4%) | $1,150 – $1,395 | 213 |
| 1BR | $1,363 | −$437 (-24.3%) | −$32 (-2.3%) | $1,288 – $1,413 | 4 |
| 1BR | $1,500 | −$300 (-16.7%) | +$105 (+7.5%) | $1,395 – $1,675 | 497 |
| 2BR | $1,900 | +$150 (+8.6%) | +$363 (+23.6%) | $1,695 – $2,350 | 714 |
| 2BR | $2,763 | +$1,013 (+57.9%) | +$1,225 (+79.7%) | $2,369 – $3,156 | 2 |
| 3BR | $2,500 | −$295 (-10.6%) | +$525 (+26.6%) | $2,100 – $3,044 | 224 |
| 3BR | $1,900 | −$895 (-32.0%) | −$75 (-3.8%) | $1,850 – $1,950 | 2 |
| 4BR | $3,000 | +$1 (+0.0%) | +$750 (+33.3%) | $2,400 – $4,500 | 25 |
| 4BR | $3,000 | +$1 (+0.0%) | +$750 (+33.3%) | $2,400 – $4,500 | 17 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — June 2024
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $1,149 | +$151 (+13.1%) |
| Studio | $1,250 | $1,149 | +$101 (+8.8%) |
| 1BR | $1,363 | $1,499 | −$136 (-9.1%) |
| 1BR | $1,500 | $1,499 | +$1 (+0.1%) |
| 2BR | $1,900 | $1,899 | +$1 (+0.1%) |
| 2BR | $2,763 | $1,899 | +$864 (+45.5%) |
| 3BR | $2,500 | $2,395 | +$105 (+4.4%) |
| 3BR | $1,900 | $2,395 | −$495 (-20.7%) |
| 4BR | $3,000 | $2,698 | +$303 (+11.2%) |
| 4BR | $3,000 | $2,698 | +$303 (+11.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.