Average Rent in Lincoln Park, Chicago, IL

Current Versus Historical Lincoln Park, Chicago, IL Rents

Lincoln Park rentals average $1,390 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $1,850, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $97 (-6.68%) year-over-year from $1,447 to $1,350. 1-bedroom rentals prices have decreased by $5 (-0.26%) year-over-year from $1,895 to $1,890. 2-bedroom rentals prices have increased by $538 (19.53%) year-over-year from $2,757 to $3,295. 3-bedroom rentals prices have increased by $138 (3.63%) year-over-year from $3,809 to $3,948. 4-bedroom rentals prices have decreased by $1,792 (-29.78%) year-over-year from $6,017 to $4,225. 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 0.18% this month. 1-bedroom rents have gone down by 2.91% this month. 2-bedroom rents have gone up by 0.24% this month. 3-bedroom rents have gone up by 3.45% this month. 4-bedroom rents have gone up by 4.58% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.67	$1,350	$1,447 (-6.68%)	$1,245 (8.43%)
1 BR	$3.06	$1,890	$1,895 (-0.26%)	$1,813 (4.23%)
2 BR	$2.51	$3,295	$2,757 (19.53%)	$2,071 (59.11%)
3 BR	$2.88	$3,948	$3,809 (3.63%)	$2,807 (40.65%)

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 $2,225 per month. Our records show that Evanston, IL, with an average rent of $1,975, 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 $2,800 per month.

Let's compare Lincoln Park, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 7.65% more expensive. Two bedrooms in Lincoln Park, Chicago, IL are about 19.79% more expensive. Finally, rent for three bedrooms are about 31.25% 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
Evanston, IL	$1,185	$1,668	$2,150	$1,975
Chicago, IL	$1,350	$1,773	$2,300	$2,025
Schaumburg, IL	N/A	$1,995	$2,350	$2,100
Wheaton, IL	N/A	$1,965	$2,350	$2,350
Aurora, IL	N/A	$1,300	$2,000	$2,398
Naperville, IL	N/A	$1,650	$2,200	$2,800

Top Neighborhoods Near Lincoln Park

There are a total of 13 neighborhoods in or near Lincoln Park. Some of these neighborhoods include Edgewater, Rogers Park, and Uptown. We've included all of these top 13 neighborhoods in or near Lincoln Park, Chicago, IL in the following chart.

The average rent for these 13 neighborhoods in or near Lincoln Park, Chicago, IL is currently around $1,895 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $1,895. Interestingly, the neighborhoods' average rent is higher than Lincoln Park's average rent, which is only $1,850. Out of all the neighborhoods in or near Lincoln Park, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,800 average rent per month, South 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
Edgewater, Chicago, IL	$1,120	$1,550	$2,200	$1,550
Rogers Park, Chicago, IL	$1,125	$1,375	$1,850	$1,600
Uptown, Chicago, IL	$1,100	$1,600	$2,535	$1,613
Ravenswood, Chicago, IL	$1,210	$1,595	$2,650	$1,648
West Rogers Park, Chicago, IL	$1,200	$1,350	$1,825	$1,700
Albany Park, Chicago, IL	$1,048	$1,420	$1,925	$1,813
Logan Square, Chicago, IL	$1,250	$1,795	$2,000	$1,895
Humboldt Park, Chicago, IL	$2,100	$1,775	$1,813	$1,975
Lakeview, Chicago, IL	$1,343	$1,895	$2,590	$2,095
Hyde Park, Chicago, IL	$1,250	$1,695	$1,887	$2,299
DePaul, Chicago, IL	$1,665	$2,270	$2,400	$2,395
Near North Side, Chicago, IL	$1,850	$2,400	$3,530	$2,592
South Loop, Chicago, IL	$1,600	$2,248	$3,000	$2,800

Top Counties Near Lincoln Park

There are a total of 13 counties located by Lincoln Park, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,142. That's roughly around $2 per sqft. The county that is the most affordable is Evanston, IL. It's average rent per month is $1,975. Vice versa, with an average rent of $2,675, Naperville, IL is the most expensive county by Lincoln Park, Chicago, IL.

In comparison, rent for one bedroom listings in Lincoln Park, Chicago, IL is 3.34% more expensive than other counties nearby. Finally, rent for two bedrooms in Lincoln Park, Chicago, IL is 19.79% more expensive than other counties nearby. We've listed the top 6 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,668	$2,150	$1,975
Chicago, IL	$1,350	$1,773	$2,300	$2,025
Schaumburg, IL	N/A	$1,995	$2,382	$2,095
Downers Grove, IL	N/A	$1,828	$2,200	$2,188
Milton, IL	N/A	$1,965	$2,320	$2,350
Naperville, IL	N/A	$1,663	$2,200	$2,675

Top Zipcodes Near Lincoln Park

There are a total of 20 zipcodes in or near Lincoln Park, Chicago, IL. The average rent for all of these zipcodes is $2,035. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60640, Chicago, IL at $1,550 per month. In comparison, the zipcode with the most expensive average rent of $2,700 per month is 60642, Chicago, IL.

Studios in these zipcodes have an average rent of $1,262. 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 $1,760 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,394 per month. Which comes out to $2 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	$1,658	$2,390	$2,874	$2,395
60610, Chicago, IL	$1,850	$2,300	$3,500	$2,658
60657, Chicago, IL	$1,345	$1,900	$2,625	$2,084
60642, Chicago, IL	$1,929	$2,347	$2,900	$2,700
60611, Chicago, IL	$1,800	$2,305	$3,717	$2,610
60654, Chicago, IL	$1,945	$2,500	$3,500	$2,500
60613, Chicago, IL	$1,298	$1,698	$2,550	$1,940
60622, Chicago, IL	$1,890	$2,100	$2,438	$2,490
60647, Chicago, IL	$1,250	$1,823	$2,145	$2,000
60618, Chicago, IL	$1,300	$1,488	$1,900	$1,975

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 $1,850. 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 $1,390 and an average price per square feet of $3.67. There are a total of 27 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 $1,863 and an average price per square feet of $3.06. There are a total of 24 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 $2,805 and an average price per square feet of $2.51. There are a total of 9 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 -0.07%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.20%, and three bedroom rental prices have changed by 0.04% 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 $1,480/month. You can search for these reasonably priced rental listings on RentHop.