Average Rent in Lincoln Park, Chicago, IL

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Current Versus Historical Lincoln Park, Chicago, IL Rents

Lincoln Park rentals average $1,585 for a studio rental to $4,900 for a 4-bedroom rental. The median price of all currently available listings is $2,300, 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 $257 (19.11%) year-over-year from $1,343 to $1,600. 1-bedroom rentals prices have increased by $227 (11.48%) year-over-year from $1,974 to $2,200. 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 $2,815 (-38.88%) year-over-year from $7,240 to $4,425. 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 down by 1.91% this month. 1-bedroom rents have gone up by 0.80% 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 9.11% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.29	$1,600	$1,343 (19.11%)	$1,273 (25.74%)
1 BR	$3.49	$2,200	$1,974 (11.48%)	$1,706 (28.94%)
2 BR	$3.18	$3,800	$3,067 (23.91%)	$2,294 (65.63%)
3 BR	$2.50	$4,295	$3,649 (17.70%)	$3,105 (38.33%)
4+ BR	$3.46	$4,425	$7,240 (-38.88%)	$3,563 (24.21%)

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 $2,455 per month. A total of 3 cities nearby have an average rent lower than that. 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 $2,804 per month.

Let's compare Lincoln Park, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 0.16% more affordable. Two bedrooms in Lincoln Park, Chicago, IL are about 38.36% more expensive. Finally, rent for three bedrooms are about 46.91% 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	$1,350	$1,800	$2,200	$2,100
Schaumburg, IL	N/A	$2,201	$2,250	$2,289
Aurora, IL	N/A	$1,400	$2,173	$2,300
Wheaton, IL	N/A	$1,950	$2,720	$2,455
Naperville, IL	N/A	$2,415	$2,250	$2,615
Oak Park, IL	N/A	$2,250	$2,650	$2,750
Evanston, IL	$1,853	$2,350	$2,925	$2,804

Top Neighborhoods Near Lincoln Park

There are a total of 19 neighborhoods in or near Lincoln Park. Some of these neighborhoods include South Shore, Rogers Park, and Uptown. We've included all of these top 19 neighborhoods in or near Lincoln Park, Chicago, IL in the following chart.

The average rent for these 19 neighborhoods in or near Lincoln Park, Chicago, IL is currently around $2,163 per month. A total of 12 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $2,163. Out of all the neighborhoods in or near Lincoln Park, South Shore has the most affordable average rent at $1,550 per month. Whereas, at $2,950 average rent per month, Near West 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	$1,175	$1,375	$1,550
Rogers Park, Chicago, IL	$1,200	$1,535	$1,863	$1,650
Uptown, Chicago, IL	$1,200	$1,600	$2,350	$1,695
Edgewater, Chicago, IL	$1,275	$1,650	$2,100	$1,720
West Rogers Park, Chicago, IL	N/A	$1,500	$1,878	$1,860
Albany Park, Chicago, IL	N/A	$1,425	$1,950	$1,875
Pilsen, Chicago, IL	$1,495	$1,450	$1,900	$2,100
Ravenswood, Chicago, IL	$1,338	$1,675	$2,200	$2,100
Hyde Park, Chicago, IL	$1,200	$1,523	$1,975	$2,153
Humboldt Park, Chicago, IL	N/A	$1,963	$1,700	$2,163
Bronzeville, Chicago, IL	$1,325	$1,675	$1,992	$2,273
Logan Square, Chicago, IL	$1,395	$1,700	$2,200	$2,300
Lakeview, Chicago, IL	$1,445	$1,857	$2,600	$2,400
South Loop, Chicago, IL	$1,735	$2,000	$2,900	$2,650
The Loop, Chicago, IL	$1,900	$2,150	$3,000	$2,700
Bucktown, Chicago, IL	N/A	$1,836	$2,725	$2,713
Near North Side, Chicago, IL	$1,730	$2,300	$3,600	$2,800
Near West Side, Chicago, IL	N/A	$2,400	$2,875	$2,950
West Town, Chicago, IL	$2,235	$2,243	$2,846	$2,950

Top Counties Near Lincoln Park

There are a total of 19 counties located by Lincoln Park, Chicago, IL. Some of these counties include Proviso, IL, Downers Grove, IL, and Chicago, IL. The average rent for rentals in these counties is $2,550. That's roughly around $2 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Proviso, IL. It's average rent per month is $1,800. 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 17.03% more expensive than other counties nearby. Finally, rent for two bedrooms in Lincoln Park, Chicago, IL is 37.68% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Proviso, IL	$1,195	$1,375	$1,600	$1,800
Downers Grove, IL	N/A	$1,847	$2,050	$2,050
Chicago, IL	$1,350	$1,800	$2,200	$2,100
Schaumburg, IL	N/A	$2,131	$2,100	$2,250
Milton, IL	N/A	$1,950	$2,409	$2,364
Maine, IL	N/A	$1,400	$2,250	$2,600
Oak Park, IL	N/A	$2,250	$2,650	$2,750
Evanston, IL	$1,853	$2,350	$2,925	$2,804
York, IL	N/A	$1,935	$2,806	$2,850
Vernon, IL	N/A	N/A	$2,350	$3,200

Top Zipcodes Near Lincoln Park

There are a total of 5 zipcodes in or near Lincoln Park, Chicago, IL. The average rent for all of these zipcodes is $2,000. 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 60641, Chicago, IL at $1,900 per month. In comparison, the zipcode with the most expensive average rent of $2,950 per month is 60201, Evanston, IL.

Studios in these zipcodes have an average rent of $1,300. That's at least $3 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 $1,499 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,950 per month. Which comes out to $2 per sqft. The following chart includes the top 5 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	$1,625	$1,625	$2,000	$2,000
60625, Chicago, IL	$1,300	$1,400	$1,863	$2,000
60641, Chicago, IL	$1,025	$1,300	$1,750	$1,900
60615, Chicago, IL	$1,200	$1,499	$1,950	$2,150
60201, Evanston, IL	$2,306	$2,400	$3,475	$2,950

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 $2,300. 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 $1,585 and an average price per square feet of $4.29. There are a total of 20 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 $2,198 and an average price per square feet of $3.49. There are a total of 10 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 $3,650 and an average price per square feet of $3.18. There are a total of 16 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 0.19%, one bedroom rental prices have changed by 0.11%, 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 $1,840/month. You can search for these reasonably priced rental listings on RentHop.