Monthly Rent Report
Lincoln Square Rent Report — November 2024
Asking rents in ZIP 60625, Chicago, from 78 listings.
Median 1BR rent in Lincoln Square was $1,300 in November 2024, down 16.9% (−$265) from October 2024 and up 20.9% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,300. That puts Lincoln Square $275 below the Chicago citywide 1BR median of $1,575. The month's figures are based on 78 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,050 | −$45 (-4.1%) | −$150 (-12.5%) | $995 – $1,050 | 23 |
| Studio | $1,100 | +$5 (+0.5%) | −$100 (-8.3%) | $1,075 – $1,125 | 2 |
| 1BR | $1,300 | −$265 (-16.9%) | +$225 (+20.9%) | $1,300 – $1,300 | 1 |
| 1BR | $1,400 | −$165 (-10.5%) | +$325 (+30.2%) | $1,300 – $1,500 | 5 |
| 2BR | $1,650 | +$150 (+10.0%) | +$40 (+2.5%) | $1,650 – $1,650 | 1 |
| 2BR | $1,700 | +$200 (+13.3%) | +$90 (+5.6%) | $1,450 – $1,850 | 29 |
| 3BR | $1,950 | −$445 (-18.6%) | −$158 (-7.5%) | $1,588 – $2,700 | 7 |
| 3BR | $1,600 | −$795 (-33.2%) | −$508 (-24.1%) | $1,600 – $1,600 | 1 |
| 4BR | $6,500 | +$3,100 (+91.2%) | +$3,000 (+85.7%) | $6,500 – $6,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Lincoln Square vs. Chicago — November 2024
| Bedrooms | Lincoln Square Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,050 | $1,292 | −$242 (-18.7%) |
| Studio | $1,100 | $1,292 | −$192 (-14.9%) |
| 1BR | $1,300 | $1,575 | −$275 (-17.5%) |
| 1BR | $1,400 | $1,575 | −$175 (-11.1%) |
| 2BR | $1,650 | $1,945 | −$295 (-15.2%) |
| 2BR | $1,700 | $1,945 | −$245 (-12.6%) |
| 3BR | $1,950 | $2,200 | −$250 (-11.4%) |
| 3BR | $1,600 | $2,200 | −$600 (-27.3%) |
| 4BR | $6,500 | $2,990 | +$3,510 (+117.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2024.