Average Rent in Lincoln Park, Chicago, IL

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Current Versus Historical Lincoln Park, Chicago, IL Rents

Lincoln Park rentals average $1,462 for a studio rental to $22,000 for a 4-bedroom rental. The median price of all currently available listings is $2,805, or roughly $3 per square feet.
For the apartment units and housing in February 2025, median rents have risen over the last year. Studio rentals prices have increased by $752 (56.91%) year-over-year from $1,321 to $2,073. 1-bedroom rentals prices have increased by $117 (5.68%) year-over-year from $2,060 to $2,177. 2-bedroom rentals prices have increased by $591 (17.84%) year-over-year from $3,310 to $3,900. 3-bedroom rentals prices have increased by $1,657 (47.46%) year-over-year from $3,491 to $5,148. 4-bedroom rentals prices have increased by $16,435 (295.33%) year-over-year from $5,565 to $22,000. 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 15.76% this month. 1-bedroom rents have gone down by 5.35% this month. 2-bedroom rents have gone up by 6.36% this month. 3-bedroom rents have gone up by 29.80% this month. 4-bedroom rents have gone up by 97.60% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.92 $2,073 $1,321 (56.91%) $1,277 (62.34%)
1 BR $2.75 $2,177 $2,060 (5.68%) $1,747 (24.64%)
2 BR $4.07 $3,900 $3,310 (17.84%) $2,554 (52.69%)
3 BR $3.38 $5,148 $3,491 (47.46%) $3,053 (68.60%)
4+ BR $3.33 $22,000 $5,565 (295.33%) $4,348 (405.94%)

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 $2,100, is the most affordable city nearby. In contrast, the most expensive city near Lincoln Park, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,850 per month.

Let's compare Lincoln Park, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 9.32% more expensive. Two bedrooms in Lincoln Park, Chicago, IL are about 31.64% more expensive. Finally, rent for three bedrooms are about 41.82% 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 $1,360 $1,827 $2,195 $2,100
Wheaton, IL N/A $1,859 $2,645 $2,279
Schaumburg, IL N/A $2,132 $2,495 $2,300
Aurora, IL N/A $1,635 $2,200 $2,400
Oak Park, IL N/A $2,250 $2,598 $2,698
Evanston, IL $1,525 $2,238 $2,500 $2,769
Naperville, IL N/A $1,600 $2,400 $2,850

Top Neighborhoods Near Lincoln Park

There are a total of 15 neighborhoods in or near Lincoln Park. Some of these neighborhoods include South Shore, Uptown, and Rogers Park. We've included all of these top 15 neighborhoods in or near Lincoln Park, Chicago, IL in the following chart.

The average rent for these 15 neighborhoods in or near Lincoln Park, Chicago, IL is currently around $2,300 per month. A total of 13 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,300. Out of all the neighborhoods in or near Lincoln Park, South Shore has the most affordable average rent at $1,488 per month. Whereas, at $3,275 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 $873 $1,100 $1,450 $1,488
Uptown, Chicago, IL $1,198 $1,650 $2,623 $1,625
Rogers Park, Chicago, IL $1,200 $1,550 $1,875 $1,675
Edgewater, Chicago, IL $1,335 $1,650 $2,200 $1,750
Humboldt Park, Chicago, IL N/A $2,000 $1,650 $1,970
West Rogers Park, Chicago, IL N/A $1,650 $1,950 $2,075
Pilsen, Chicago, IL N/A $1,600 $1,785 $2,100
Bronzeville, Chicago, IL $1,325 $1,460 $2,078 $2,300
Logan Square, Chicago, IL $1,575 $1,875 $2,400 $2,365
Lakeview, Chicago, IL $1,550 $1,995 $2,945 $2,395
Hyde Park, Chicago, IL $1,293 $1,495 $1,910 $2,395
South Loop, Chicago, IL $1,750 $2,200 $2,995 $2,590
Near North Side, Chicago, IL $1,770 $2,450 $3,998 $2,700
West Town, Chicago, IL N/A $2,335 $2,525 $3,000
The Loop, Chicago, IL $1,950 $2,525 $3,475 $3,275

Top Counties Near Lincoln Park

There are a total of 15 counties located by Lincoln Park, Chicago, IL. Some of these counties include Chicago, IL, Downers Grove, IL, and Milton, IL. The average rent for rentals in these counties is $2,483. That's roughly around $2 per sqft. A total of 9 counties have a lower average rent. The county that is the most affordable is Chicago, IL. It's average rent per month is $2,100. Vice versa, with an average rent of $2,769, 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 10.76% more expensive than other counties nearby. Finally, rent for two bedrooms in Lincoln Park, Chicago, IL is 36.99% 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 $1,360 $1,827 $2,195 $2,100
Downers Grove, IL N/A $1,803 $2,199 $2,199
Milton, IL N/A $1,830 $2,250 $2,250
Schaumburg, IL N/A $2,100 $2,400 $2,253
Libertyville, IL N/A $1,966 $2,300 $2,483
Naperville, IL N/A $1,785 $2,300 $2,600
Leyden, IL N/A $1,375 $2,750 $2,650
Oak Park, IL N/A $2,250 $2,598 $2,698
Evanston, IL $1,525 $2,238 $2,500 $2,769

Top Zipcodes Near Lincoln Park

There are a total of 3 zipcodes in or near Lincoln Park, Chicago, IL. The average rent for all of these zipcodes is $2,200. 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 $1,800 per month. In comparison, the zipcode with the most expensive average rent of $2,450 per month is 60618, Chicago, IL.

Studios in these zipcodes have an average rent of $1,250. 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 $1,495 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,895 per month. Which comes out to $2 per sqft. The following chart includes the top 3 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 $1,563 $1,590 $2,395 $2,450
60641, Chicago, IL $1,125 $1,425 $1,775 $1,800
60615, Chicago, IL $1,250 $1,495 $1,895 $2,200

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 $2,805. 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 $1,462 and an average price per square feet of $3.92. There are a total of 7 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 $2,050 and an average price per square feet of $2.75. There are a total of 8 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 $4.07. 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 0.57%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.18%, and three bedroom rental prices have changed by 0.47% 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 $2,244/month. You can search for these reasonably priced rental listings on RentHop.
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