Average Rent in Lincoln Park, Chicago, IL

Current Versus Historical Lincoln Park, Chicago, IL Rents

Lincoln Park rentals average $1,495 for a studio rental to $10,000 for a 4-bedroom rental. The median price of all currently available listings is $1,785, or roughly $33 per square feet.

For the apartment units and housing in March 2023, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $202 (15.64%) year-over-year from $1,293 to $1,495. 1-bedroom rentals prices have increased by $86 (4.73%) year-over-year from $1,809 to $1,895. 2-bedroom rentals prices have increased by $275 (11.25%) year-over-year from $2,445 to $2,720. 3-bedroom rentals prices have increased by $1,043 (33.07%) year-over-year from $3,153 to $4,195. 4-bedroom rentals prices have increased by $5,952 (147.02%) year-over-year from $4,048 to $10,000. 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 3.94% this month. 1-bedroom rents have gone up by 0.35% this month. 2-bedroom rents have gone up by 19.91% this month. 3-bedroom rents have gone up by 7.98% this month. 4-bedroom rents have gone up by 23.71% this month.

Beds	Price / Sqft	Mar 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$42	$1,495	$1,293 (15.64%)	$1,444 (3.52%)
1 BR	$31	$1,895	$1,809 (4.73%)	$1,723 (9.96%)
2 BR	$30	$2,720	$2,445 (11.25%)	$2,300 (18.26%)
3 BR	$31	$4,195	$3,153 (33.07%)	$2,772 (51.33%)
4+ BR	$30	$10,000	$4,048 (147.02%)	$4,105 (143.61%)

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 $1,878 per month. Only one city nearby has an average rent lower than that. Our records show that Oak Park, IL, with an average rent of $1,450, 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 $2,200 per month.

Let's compare Lincoln Park, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Lincoln Park, Chicago, IL is 39.80% more expensive than other cities nearby. One bedrooms are about 21.37% more expensive. Two bedrooms in Lincoln Park, Chicago, IL are about 29.09% more expensive. Finally, rent for three bedrooms are about 39.84% 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
Oak Park, IL	$1,300	$1,400	$1,775	$1,450
Chicago, IL	$1,150	$1,695	$1,913	$1,795
Evanston, IL	$1,010	$1,395	$2,195	$1,845
Schaumburg, IL	N/A	$1,833	$1,950	$1,878
Aurora, IL	$900	$1,235	$1,938	$1,975
Wheaton, IL	N/A	$1,730	$2,057	$2,063
Naperville, IL	N/A	$1,435	$1,975	$2,200

Top Neighborhoods Near Lincoln Park

There are a total of 23 neighborhoods in or near Lincoln Park. Some of these neighborhoods include Chatham, Gresham, and South Shore. We've included all of these top 23 neighborhoods in or near Lincoln Park, Chicago, IL in the following chart.

The average rent for these 23 neighborhoods in or near Lincoln Park, Chicago, IL is currently around $1,738 per month. A total of 12 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $1,738. Out of all the neighborhoods in or near Lincoln Park, Chatham has the most affordable average rent at $950 per month. Whereas, at $2,748 average rent per month, West Town is the most expensive neighborhood in or near Lincoln Park. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Chatham, Chicago, IL	$815	$855	$1,050	$950
Gresham, Chicago, IL	$775	$900	$1,085	$1,080
South Shore, Chicago, IL	$828	$950	$1,244	$1,090
Austin, Chicago, IL	$905	$930	$1,175	$1,100
Englewood, Chicago, IL	$788	$1,025	$1,100	$1,200
Rogers Park, Chicago, IL	$1,000	$1,295	$1,650	$1,363
Ravenswood, Chicago, IL	$1,095	$1,473	$2,250	$1,395
Edgewater, Chicago, IL	$1,025	$1,475	$1,895	$1,425
Lawndale, Chicago, IL	$788	$1,025	$1,465	$1,450
Albany Park, Chicago, IL	$1,100	$1,350	$1,700	$1,525
Uptown, Chicago, IL	$1,170	$1,550	$2,200	$1,625
Logan Square, Chicago, IL	$1,095	$1,695	$1,995	$1,738
Pilsen, Chicago, IL	$1,150	$1,375	$1,795	$1,795
Humboldt Park, Chicago, IL	N/A	$1,773	$1,750	$1,800
Lakeview, Chicago, IL	$1,150	$1,895	$2,450	$1,950
Bronzeville, Chicago, IL	$900	$1,395	$1,775	$2,000
Hyde Park, Chicago, IL	$1,145	$1,600	$1,800	$2,288
South Loop, Chicago, IL	$1,674	$1,950	$2,723	$2,400
Bucktown, Chicago, IL	$1,700	$2,063	$2,625	$2,495
Near North Side, Chicago, IL	$1,953	$2,290	$3,435	$2,500
The Loop, Chicago, IL	$1,969	$2,195	$3,590	$2,530
Near West Side, Chicago, IL	$2,050	$2,385	$2,900	$2,700
West Town, Chicago, IL	$1,975	$2,341	$2,795	$2,748

Top Counties Near Lincoln Park

There are a total of 23 counties located by Lincoln Park, Chicago, IL. Some of these counties include North, IN, Calumet, IN, and Thornton, IL. The average rent for rentals in these counties is $1,795. That's roughly around $25 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is North, IN. It's average rent per month is $805. Vice versa, with an average rent of $2,270, Naperville, IL is the most expensive county by Lincoln Park, Chicago, IL.

Typically, rent for studios in Lincoln Park, Chicago, IL is 53.51% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Lincoln Park, Chicago, IL is 23.56% more expensive than other counties nearby. Finally, rent for two bedrooms in Lincoln Park, Chicago, IL is 30.91% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
North, IN	$695	$713	$900	$805
Calumet, IN	$570	$638	$987	$987
Thornton, IL	N/A	$900	$1,245	$1,138
Proviso, IL	$835	$1,145	$1,650	$1,350
Oak Park, IL	$1,300	$1,400	$1,775	$1,450
Chicago, IL	$1,150	$1,695	$1,913	$1,795
Schaumburg, IL	N/A	$1,833	$1,900	$1,833
Evanston, IL	$1,010	$1,395	$2,195	$1,845
Downers Grove, IL	$1,295	$1,603	$2,055	$1,879
Milton, IL	N/A	$1,725	$2,022	$2,050

Top Zipcodes Near Lincoln Park

There are a total of 31 zipcodes in or near Lincoln Park, Chicago, IL. The average rent for all of these zipcodes is $1,898. A total of 13 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60619, Chicago, IL at $1,050 per month. In comparison, the zipcode with the most expensive average rent of $2,850 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,100. That's at least $33 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 $1,500 per month. Or in other words, $27 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,995 per month. Which comes out to $24 per sqft. The following chart includes the top 10 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
60614, Chicago, IL	$1,495	$1,845	$2,550	$1,975
60610, Chicago, IL	$1,975	$2,200	$3,514	$2,215
60657, Chicago, IL	$1,158	$1,895	$2,395	$1,895
60642, Chicago, IL	$1,916	$2,150	$2,495	$2,531
60611, Chicago, IL	$1,650	$2,273	$3,478	$2,850
60654, Chicago, IL	$1,985	$2,472	$3,400	$2,800
60613, Chicago, IL	$1,250	$1,748	$2,473	$2,145
60622, Chicago, IL	$2,500	$2,050	$1,900	$2,200
60647, Chicago, IL	$1,095	$1,695	$2,295	$1,898
60607, Chicago, IL	$2,050	$2,242	$3,000	$2,675

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 $1,785. 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 $1,495 and an average price per square feet of $41.85. There are a total of 31 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 $1,825 and an average price per square feet of $31.29. There are a total of 47 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 $2,750 and an average price per square feet of $30.46. There are a total of 13 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 0.16%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by 0.33% 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 $1,428/month. You can search for these reasonably priced rental listings on RentHop.