Average Rent in Lincoln Park, Chicago, IL

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Current Versus Historical Lincoln Park, Chicago, IL Rents

Lincoln Park rentals average $1,456 for a studio rental to $13,500 for a 4-bedroom rental. The median price of all currently available listings is $2,650, or roughly $3 per square feet.

For the apartment units and housing in December 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $535 (40.81%) year-over-year from $1,312 to $1,847. 1-bedroom rentals prices have increased by $90 (4.27%) year-over-year from $2,110 to $2,200. 2-bedroom rentals prices have increased by $379 (11.96%) year-over-year from $3,171 to $3,550. 3-bedroom rentals prices have increased by $60 (1.80%) year-over-year from $3,340 to $3,400. 4-bedroom rentals prices have decreased by $2,761 (-35.67%) year-over-year from $7,741 to $4,980. 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 8.05% this month. 1-bedroom rents have gone down by 2.80% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone down by 9.11% this month. 4-bedroom rents have gone up by 2.96% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.14	$1,847	$1,312 (40.81%)	$1,262 (46.39%)
1 BR	$3.97	$2,200	$2,110 (4.27%)	$1,688 (30.34%)
2 BR	$3.18	$3,550	$3,171 (11.96%)	$2,487 (42.75%)
3 BR	$2.54	$3,400	$3,340 (1.80%)	$2,830 (20.16%)
4+ BR	$3.46	$4,980	$7,741 (-35.67%)	$3,863 (28.93%)

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 7 cities nearby Lincoln Park. The average rent in Lincoln Park is currently $2,400 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Chicago, IL, with an average rent of $2,175, 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 $2,730 per month.

Let's compare Lincoln Park, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 19.17% more expensive. Two bedrooms in Lincoln Park, Chicago, IL are about 26.56% more expensive. Finally, rent for three bedrooms are about 27.56% more expensive. Want more information? Check out the top 7 cities near Lincoln Park, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Chicago, IL	$1,395	$1,895	$2,250	$2,175
Schaumburg, IL	N/A	$2,186	$2,350	$2,253
Wheaton, IL	N/A	$1,859	$2,699	$2,271
Aurora, IL	N/A	$1,523	$2,275	$2,400
Naperville, IL	N/A	$1,490	$2,250	$2,560
Oak Park, IL	N/A	$1,600	$2,650	$2,650
Evanston, IL	N/A	$2,100	$2,700	$2,730

Top Neighborhoods Near Lincoln Park

There are a total of 16 neighborhoods in or near Lincoln Park. Some of these neighborhoods include South Shore, Rogers Park, and Uptown. We've included all of these top 16 neighborhoods in or near Lincoln Park, Chicago, IL in the following chart.

The average rent for these 16 neighborhoods in or near Lincoln Park, Chicago, IL is currently around $2,213 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $2,213. Out of all the neighborhoods in or near Lincoln Park, South Shore has the most affordable average rent at $1,250 per month. Whereas, at $3,100 average rent per month, The Loop 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	$1,018	$1,175	$1,238	$1,250
Rogers Park, Chicago, IL	$1,200	$1,525	$1,900	$1,650
Uptown, Chicago, IL	$1,198	$1,650	$2,233	$1,650
Edgewater, Chicago, IL	$1,325	$1,675	$2,198	$1,800
Humboldt Park, Chicago, IL	N/A	$2,150	$1,600	$1,900
Pilsen, Chicago, IL	N/A	$1,450	$1,595	$2,100
West Rogers Park, Chicago, IL	N/A	$1,675	$1,925	$2,200
Woodlawn, Chicago, IL	N/A	$1,700	$1,675	$2,200
Bronzeville, Chicago, IL	N/A	$1,900	$2,200	$2,227
Logan Square, Chicago, IL	$1,600	$2,100	$2,150	$2,295
Lakeview, Chicago, IL	$1,594	$1,900	$2,798	$2,450
South Loop, Chicago, IL	$1,775	$2,200	$2,900	$2,700
Near West Side, Chicago, IL	N/A	$2,423	$2,900	$2,750
West Town, Chicago, IL	$2,413	$2,600	$2,842	$2,863
Near North Side, Chicago, IL	$1,785	$2,400	$3,795	$2,900
The Loop, Chicago, IL	$2,000	$2,300	$3,200	$3,100

Top Counties Near Lincoln Park

There are a total of 16 counties located by Lincoln Park, Chicago, IL. Some of these counties include Chicago, IL, Downers Grove, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,450. That's roughly around $2 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Chicago, IL. It's average rent per month is $2,175. Vice versa, with an average rent of $2,730, Evanston, IL is the most expensive county by Lincoln Park, Chicago, IL.

In comparison, rent for one bedroom listings in Lincoln Park, Chicago, IL is 19.17% more expensive than other counties nearby. Finally, rent for two bedrooms in Lincoln Park, Chicago, IL is 28.13% more expensive than other counties nearby. We've listed the top 9 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Chicago, IL	$1,395	$1,895	$2,250	$2,175
Downers Grove, IL	N/A	$1,850	$2,210	$2,208
Schaumburg, IL	N/A	$2,127	$2,195	$2,250
Milton, IL	N/A	$1,859	$2,300	$2,260
Naperville, IL	N/A	N/A	$2,300	$2,450
Libertyville, IL	N/A	$1,966	$2,300	$2,500
Leyden, IL	N/A	$1,450	$2,550	$2,550
Oak Park, IL	N/A	$1,600	$2,650	$2,650
Evanston, IL	N/A	$2,100	$2,700	$2,730

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 $2,049. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60618, Chicago, IL at $2,000 per month. In comparison, the zipcode with the most expensive average rent of $2,125 per month is 60625, Chicago, IL.

Studios in these zipcodes have an average rent of $1,399. 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 $1,455 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,953 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	$1,695	$1,700	$1,995	$2,000
60625, Chicago, IL	$1,548	$1,338	$2,050	$2,125
60641, Chicago, IL	$948	$1,450	$1,750	$2,000
60615, Chicago, IL	$1,250	$1,460	$1,910	$2,098

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 $2,650. 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 $1,456 and an average price per square feet of $4.14. There are a total of 12 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 $2,300 and an average price per square feet of $3.97. There are a total of 9 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 $3,200 and an average price per square feet of $3.18. There are a total of 11 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 0.41%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.02% 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 $2,120/month. You can search for these reasonably priced rental listings on RentHop.