Monthly Rent Report
Lincoln Square Rent Report — July 2024
Asking rents in ZIP 60625, Chicago, from 272 listings.
Median 1BR rent in Lincoln Square was $1,495 in July 2024, up 9.7% (+$133) from June 2024 and up 7.2% year-over-year. The middle half of 1BR listings asked between $1,394 and $1,695. That puts Lincoln Square $65 below the Chicago citywide 1BR median of $1,560. The month's figures are based on 272 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | +$45 (+3.6%) | −$300 (-18.8%) | $1,195 – $1,438 | 83 |
| Studio | $1,273 | +$23 (+1.8%) | −$322 (-20.2%) | $1,211 – $1,334 | 2 |
| 1BR | $1,495 | +$133 (+9.7%) | +$100 (+7.2%) | $1,394 – $1,695 | 160 |
| 1BR | $1,550 | +$188 (+13.8%) | +$155 (+11.1%) | $1,550 – $1,550 | 1 |
| 2BR | $1,823 | −$77 (-4.1%) | +$123 (+7.2%) | $1,695 – $1,950 | 4 |
| 2BR | $1,810 | −$90 (-4.7%) | +$110 (+6.5%) | $1,461 – $1,878 | 6 |
| 3BR | $2,500 | $0 (0.0%) | +$300 (+13.6%) | $2,450 – $3,913 | 3 |
| 3BR | $3,500 | +$1,000 (+40.0%) | +$1,300 (+59.1%) | $3,500 – $3,500 | 1 |
| 4BR | $3,095 | +$95 (+3.2%) | −$505 (-14.0%) | $3,095 – $3,095 | 1 |
| 4BR | $3,000 | $0 (0.0%) | −$600 (-16.7%) | $2,550 – $4,463 | 6 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — July 2024
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,218 | +$77 (+6.3%) |
| Studio | $1,273 | $1,218 | +$54 (+4.5%) |
| 1BR | $1,495 | $1,560 | −$65 (-4.2%) |
| 1BR | $1,550 | $1,560 | −$10 (-0.6%) |
| 2BR | $1,823 | $1,805 | +$18 (+1.0%) |
| 2BR | $1,810 | $1,805 | +$5 (+0.3%) |
| 3BR | $2,500 | $2,363 | +$138 (+5.8%) |
| 3BR | $3,500 | $2,363 | +$1,138 (+48.1%) |
| 4BR | $3,095 | $2,789 | +$306 (+11.0%) |
| 4BR | $3,000 | $2,789 | +$211 (+7.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.