Monthly Rent Report
Lincoln Square Rent Report — August 2024
Asking rents in ZIP 60625, Chicago, from 13 listings.
Median 1BR rent in Lincoln Square was $1,285 in August 2024, down 14.0% (−$210) from July 2024 and down 11.4% year-over-year. The middle half of 1BR listings asked between $1,285 and $1,285. That puts Lincoln Square $253 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 13 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,685 | +$413 (+32.4%) | −$815 (-32.6%) | $1,685 – $1,685 | 1 |
| 1BR | $1,285 | −$210 (-14.0%) | −$165 (-11.4%) | $1,285 – $1,285 | 1 |
| 1BR | $1,873 | +$378 (+25.3%) | +$423 (+29.1%) | $1,734 – $2,011 | 2 |
| 2BR | $1,788 | −$22 (-1.2%) | +$325 (+22.2%) | $1,694 – $1,881 | 2 |
| 2BR | $1,879 | +$69 (+3.8%) | +$417 (+28.5%) | $1,879 – $1,879 | 1 |
| 3BR | $1,995 | −$1,505 (-43.0%) | −$155 (-7.2%) | $1,995 – $1,995 | 1 |
| 3BR | $2,300 | −$1,200 (-34.3%) | +$150 (+7.0%) | $2,300 – $2,300 | 2 |
| 4BR | $2,995 | −$100 (-3.2%) | −$605 (-16.8%) | $2,995 – $2,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — August 2024
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,685 | $1,190 | +$495 (+41.6%) |
| 1BR | $1,285 | $1,538 | −$253 (-16.4%) |
| 1BR | $1,873 | $1,538 | +$335 (+21.7%) |
| 2BR | $1,788 | $1,823 | −$35 (-1.9%) |
| 2BR | $1,879 | $1,823 | +$57 (+3.1%) |
| 3BR | $1,995 | $2,300 | −$305 (-13.3%) |
| 3BR | $2,300 | $2,300 | $0 (0.0%) |
| 4BR | $2,995 | $2,995 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.