Average Rent in Lincoln Park, Chicago, IL

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Current Versus Historical Lincoln Park, Chicago, IL Rents

Lincoln Park rentals average $1,788 for a studio rental to $4,900 for a 4-bedroom rental. The median price of all currently available listings is $2,017, or roughly $4 per square feet.

For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $307 (22.83%) year-over-year from $1,343 to $1,650. 1-bedroom rentals prices have increased by $327 (16.54%) year-over-year from $1,974 to $2,300. 2-bedroom rentals prices have increased by $733 (23.91%) year-over-year from $3,067 to $3,800. 3-bedroom rentals prices have increased by $646 (17.70%) year-over-year from $3,649 to $4,295. 4-bedroom rentals prices have decreased by $2,340 (-32.32%) year-over-year from $7,240 to $4,900. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.13% this month. 1-bedroom rents have gone up by 3.80% this month. 2-bedroom rents have gone up by 7.29% this month. 3-bedroom rents have gone up by 9.29% this month. 4-bedroom rents have gone down by 2.52% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.53	$1,650	$1,343 (22.83%)	$1,273 (29.67%)
1 BR	$3.57	$2,300	$1,974 (16.54%)	$1,706 (34.81%)
2 BR	$3.18	$3,800	$3,067 (23.91%)	$2,294 (65.63%)
3 BR	$2.79	$4,295	$3,649 (17.70%)	$3,105 (38.33%)
4+ BR	$3.77	$4,900	$7,240 (-32.32%)	$3,563 (37.54%)

Historical Rents in Lincoln Park, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Lincoln Park

There are a total of 6 cities nearby Lincoln Park. The average rent in Lincoln Park is currently $2,550 per month. Our records show that Chicago, IL, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Lincoln Park, Chicago, IL is Evanston, IL. Monthly rents here are on average $2,795 per month.

Let's compare Lincoln Park, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 16.67% more expensive. Two bedrooms in Lincoln Park, Chicago, IL are about 40.92% more expensive. Finally, rent for three bedrooms are about 43.55% more expensive. Want more information? Check out the top 6 cities near Lincoln Park, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Chicago, IL	$1,375	$1,800	$2,200	$2,100
Schaumburg, IL	N/A	$2,131	$2,290	$2,250
Aurora, IL	N/A	$1,523	$2,200	$2,450
Oak Park, IL	N/A	$1,750	$2,625	$2,650
Naperville, IL	N/A	$1,850	$2,200	$2,700
Evanston, IL	$2,306	$2,250	$2,795	$2,795

Top Neighborhoods Near Lincoln Park

There are a total of 17 neighborhoods in or near Lincoln Park. Some of these neighborhoods include South Shore, Uptown, and Rogers Park. We've included all of these top 17 neighborhoods in or near Lincoln Park, Chicago, IL in the following chart.

The average rent for these 17 neighborhoods in or near Lincoln Park, Chicago, IL is currently around $2,200 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only twelve neighborhoods have a higher average rent than $2,200. Interestingly, the neighborhoods' average rent is higher than Lincoln Park's average rent, which is only $2,017. Out of all the neighborhoods in or near Lincoln Park, South Shore has the most affordable average rent at $1,275 per month. Whereas, at $2,950 average rent per month, Near North Side is the most expensive neighborhood in or near Lincoln Park. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Shore, Chicago, IL	$1,050	$1,050	$1,230	$1,275
Uptown, Chicago, IL	$1,200	$1,600	$2,325	$1,600
Rogers Park, Chicago, IL	$1,200	$1,550	$1,895	$1,650
Edgewater, Chicago, IL	$1,298	$1,648	$2,150	$1,800
West Rogers Park, Chicago, IL	N/A	$1,625	$1,850	$2,000
Pilsen, Chicago, IL	N/A	$1,600	$1,750	$2,050
Ravenswood, Chicago, IL	$1,300	$1,800	$2,200	$2,100
Humboldt Park, Chicago, IL	N/A	$1,750	$1,750	$2,100
Bronzeville, Chicago, IL	N/A	$1,700	$2,050	$2,200
Logan Square, Chicago, IL	$1,550	$1,650	$2,200	$2,296
Lakeview, Chicago, IL	$1,500	$1,850	$2,600	$2,310
South Loop, Chicago, IL	$1,650	$2,000	$2,800	$2,665
Near West Side, Chicago, IL	N/A	$2,400	$2,733	$2,750
The Loop, Chicago, IL	$1,825	$2,200	$3,000	$2,750
DePaul, Chicago, IL	$1,950	$2,496	$2,625	$2,775
West Town, Chicago, IL	$2,235	$2,480	$2,833	$2,900
Near North Side, Chicago, IL	$1,730	$2,275	$3,700	$2,950

Top Counties Near Lincoln Park

There are a total of 17 counties located by Lincoln Park, Chicago, IL. Some of these counties include Thornton, IL, Downers Grove, IL, and Chicago, IL. The average rent for rentals in these counties is $2,419. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Thornton, IL. It's average rent per month is $1,713. Vice versa, with an average rent of $3,200, Vernon, IL is the most expensive county by Lincoln Park, Chicago, IL.

In comparison, rent for one bedroom listings in Lincoln Park, Chicago, IL is 26.03% more expensive than other counties nearby. Finally, rent for two bedrooms in Lincoln Park, Chicago, IL is 39.86% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Thornton, IL	$1,000	$1,050	$1,400	$1,713
Downers Grove, IL	N/A	$1,850	$2,060	$2,078
Chicago, IL	$1,375	$1,800	$2,200	$2,100
Proviso, IL	$1,195	$1,400	$1,700	$2,200
Milton, IL	N/A	$1,928	$2,271	$2,286
Leyden, IL	N/A	$1,350	$2,400	$2,400
Maine, IL	N/A	$1,500	$2,300	$2,400
Niles, IL	N/A	$1,400	$2,300	$2,500
Oak Park, IL	N/A	$1,750	$2,625	$2,650
Evanston, IL	$2,306	$2,250	$2,795	$2,795

Top Zipcodes Near Lincoln Park

There are a total of 4 zipcodes in or near Lincoln Park, Chicago, IL. The average rent for all of these zipcodes is $2,000. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60641, Chicago, IL at $1,900 per month. In comparison, the zipcode with the most expensive average rent of $2,300 per month is 60615, Chicago, IL.

Studios in these zipcodes have an average rent of $1,275. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Lincoln Park, Chicago, IL is $1,528 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,920 per month. Which comes out to $2 per sqft. The following chart includes the top 4 zipcodes in Lincoln Park, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60618, Chicago, IL	$1,600	$1,700	$1,975	$2,000
60625, Chicago, IL	$1,300	$1,543	$1,873	$2,000
60641, Chicago, IL	$1,100	$1,300	$1,750	$1,900
60615, Chicago, IL	$1,250	$1,513	$1,967	$2,300

Frequently Asked Questions - Lincoln Park Average Rents

What is the average rent price in Lincoln Park, Chicago, IL?

The average monthly rental price for Lincoln Park, Chicago, IL apartments for rent is approximately $2,017. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Lincoln Park, Chicago, IL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Lincoln Park, Chicago, IL.

How much is a studio apartment in Lincoln Park, Chicago, IL?

The average monthly rental price for studio apartments is $1,788 and an average price per square feet of $5.53. There are a total of 29 studio apartment listings currently available for rent in Lincoln Park.

How much is a one bedroom apartment in Lincoln Park, Chicago, IL?

The average monthly rental price for one bedroom apartments is $2,190 and an average price per square feet of $3.57. There are a total of 12 one bedroom apartment listings currently available for rent in Lincoln Park.

How much is a two bedroom apartment in Lincoln Park, Chicago, IL?

The average monthly rental price for two bedroom apartments is $3,800 and an average price per square feet of $3.18. There are a total of 17 two bedroom apartment listings currently available for rent in Lincoln Park.

How have rent prices in Lincoln Park, Chicago, IL changed this year?

Rent prices for rentals in Lincoln Park, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.23%, one bedroom rental prices have changed by 0.17%, two bedroom rental prices have changed by 0.24%, and three bedroom rental prices have changed by 0.18% year-over-year.

What is a reasonable rent price in Lincoln Park, Chicago, IL?

A reasonable rent price in Lincoln Park, Chicago, IL is around $1,613/month. You can search for these reasonably priced rental listings on RentHop.