Monthly Rent Report
Lincoln Square Rent Report — September 2024
Asking rents in ZIP 60625, Chicago, from 39 listings.
Median 1BR rent in Lincoln Square was $2,295 in September 2024, up 22.6% (+$423) from August 2024 and up 58.3% year-over-year. The middle half of 1BR listings asked between $2,295 and $2,295. That puts Lincoln Square $800 above the Chicago citywide 1BR median of $1,495. The month's figures are based on 39 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,123 | −$562 (-33.4%) | −$227 (-16.9%) | $1,109 – $1,136 | 2 |
| 1BR | $2,295 | +$423 (+22.6%) | +$845 (+58.3%) | $2,295 – $2,295 | 5 |
| 1BR | $1,373 | −$500 (-26.7%) | −$77 (-5.3%) | $1,234 – $1,511 | 2 |
| 2BR | $1,250 | −$537 (-30.1%) | −$850 (-40.5%) | $975 – $1,550 | 14 |
| 2BR | $1,800 | +$13 (+0.7%) | −$300 (-14.3%) | $1,625 – $2,000 | 3 |
| 3BR | $2,250 | +$255 (+12.8%) | −$54 (-2.3%) | $2,250 – $2,250 | 1 |
| 4BR | $3,450 | +$455 (+15.2%) | −$150 (-4.2%) | $3,300 – $3,550 | 8 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — September 2024
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,123 | $1,195 | −$72 (-6.1%) |
| 1BR | $2,295 | $1,495 | +$800 (+53.5%) |
| 1BR | $1,373 | $1,495 | −$122 (-8.2%) |
| 2BR | $1,250 | $1,843 | −$592 (-32.2%) |
| 2BR | $1,800 | $1,843 | −$42 (-2.3%) |
| 3BR | $2,250 | $2,350 | −$100 (-4.3%) |
| 4BR | $3,450 | $2,750 | +$700 (+25.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.