Average Rent in Lincoln Square, Chicago, IL

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Current Versus Historical Lincoln Square, Chicago, IL Rents

Lincoln Square rentals average $1,400 for a studio rental to $4,500 for a 4-bedroom rental. The median price of all currently available listings is $2,100, or roughly $24 per square feet.

For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $150 (12.00%) year-over-year from $1,250 to $1,400. 1-bedroom rentals prices have increased by $342 (25.15%) year-over-year from $1,358 to $1,700. 2-bedroom rentals prices have increased by $195 (9.75%) year-over-year from $2,000 to $2,195. 3-bedroom rentals prices have decreased by $142 (-4.99%) year-over-year from $2,842 to $2,700. 4-bedroom rentals prices have increased by $483 (12.03%) year-over-year from $4,017 to $4,500. 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 1.75% this month. 1-bedroom rents have gone up by 9.68% this month. 2-bedroom rents have gone up by 3.17% this month. 3-bedroom rents have gone down by 5.26% this month. 4-bedroom rents have gone down by 11.84% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$22.40	$1,400	$1,250 (12.00%)	$1,222 (14.61%)
1 BR	$23.31	$1,700	$1,358 (25.15%)	$1,388 (22.45%)
2 BR	$25.76	$2,195	$2,000 (9.75%)	$1,793 (22.40%)
3 BR	$29.23	$2,700	$2,842 (-4.99%)	$2,700 (0.00%)
4+ BR	$22.50	$4,500	$4,017 (12.03%)	$4,315 (4.28%)

Historical Rents in Lincoln Square, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Lincoln Square

There are a total of 13 cities nearby Lincoln Square. The average rent in Lincoln Square is currently $2,400 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Elgin, IL, with an average rent of $1,975, is the most affordable city nearby. In contrast, the most expensive city near Lincoln Square, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,900 per month.

Let's compare Lincoln Square, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Lincoln Square, Chicago, IL is 7.14% more expensive than other cities nearby. One bedrooms are about 10.42% more affordable. Two bedrooms in Lincoln Square, Chicago, IL are about 1.27% more affordable. Finally, rent for three bedrooms are about 17.65% more affordable. Want more information? Check out the top 10 cities out of 13 total cities near Lincoln Square, Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Oak Park, IL	$1,929	$2,399	$2,125	$2,100
Palatine, IL	$1,300	$1,500	$2,050	$2,300
Skokie, IL	$1,150	$2,300	$2,200	$2,400
Schaumburg, IL	N/A	$2,233	$2,325	$2,400
Wheaton, IL	$1,425	$1,850	$2,533	$2,411
Vernon Hills, IL	$2,074	$2,234	$2,100	$2,491
Evanston, IL	$1,915	$1,795	$2,395	$2,500
Chicago, IL	$2,147	$2,585	$3,056	$2,586
Arlington Heights, IL	$1,200	$2,000	$2,225	$2,600
Naperville, IL	N/A	$1,625	$2,350	$2,900

Top Neighborhoods Near Lincoln Square

There are a total of 29 neighborhoods in or near Lincoln Square. Some of these neighborhoods include South Shore, Edgewater, and Austin. We've included all of these top 29 neighborhoods in or near Lincoln Square, Chicago, IL in the following table.

The average rent for these 29 neighborhoods in or near Lincoln Square, Chicago, IL is currently around $2,450 per month. A total of 10 neighborhoods have a lower average rent. Meaning, only nineteen neighborhoods have a higher average rent than $2,450. Interestingly, the neighborhoods' average rent is higher than Lincoln Square's average rent, which is only $2,100. Out of all the neighborhoods in or near Lincoln Square, South Shore has the most affordable average rent at $1,575 per month. Whereas, at $3,952 average rent per month, DePaul is the most expensive neighborhood in or near Lincoln Square. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Shore, Chicago, IL	$995	$1,200	$1,495	$1,575
Edgewater, Chicago, IL	$1,356	$1,600	$2,498	$1,650
Austin, Chicago, IL	$1,150	$1,150	$1,600	$1,750
Rogers Park, Chicago, IL	$1,341	$1,450	$2,000	$1,784
West Rogers Park, Chicago, IL	$1,338	$1,495	$1,905	$1,903
Lawndale, Chicago, IL	$1,550	$1,400	$1,650	$1,925
Hyde Park, Chicago, IL	$1,095	$1,373	$2,350	$1,950
Uptown, Chicago, IL	$1,397	$1,990	$2,500	$1,990
Albany Park, Chicago, IL	$1,275	$1,513	$2,000	$2,000
Pilsen, Chicago, IL	$1,998	$1,498	$2,000	$2,048
Jefferson Park, Chicago, IL	$1,300	$1,500	$2,200	$2,200
Ravenswood, Chicago, IL	$1,550	$1,963	$2,650	$2,295
Humboldt Park, Chicago, IL	$1,513	$1,750	$2,075	$2,368
University Village - Little Italy, Chicago, IL	$2,004	$2,335	$3,036	$2,412
Logan Square, Chicago, IL	$1,695	$2,233	$2,551	$2,450
Lakeview, Chicago, IL	$1,520	$2,299	$3,100	$2,495
Bronzeville, Chicago, IL	$995	$1,700	$2,373	$2,625
Bucktown, Chicago, IL	$2,191	$2,629	$3,550	$2,641
Tri-Taylor, Chicago, IL	$2,205	$2,515	$3,059	$2,673
Lincoln Park, Chicago, IL	$1,850	$2,745	$4,144	$2,741
South Loop, Chicago, IL	$2,295	$2,658	$3,520	$2,850
The Loop, Chicago, IL	$2,398	$2,870	$4,050	$2,863
Wicker Park, Chicago, IL	$2,400	$2,880	$3,200	$2,900
Near West Side, Chicago, IL	$2,330	$2,868	$3,824	$2,945
Goose Island, Chicago, IL	$2,075	$3,052	$4,545	$3,025
Near North Side, Chicago, IL	$2,380	$2,885	$4,162	$3,032
West Loop, Chicago, IL	$2,361	$3,025	$4,142	$3,074
West Town, Chicago, IL	$2,517	$2,978	$4,268	$3,175
DePaul, Chicago, IL	$2,195	$2,650	$3,750	$3,952

Top Counties Near Lincoln Square

There are a total of 28 counties located by Lincoln Square, Chicago, IL. Some of these counties include Leyden, IL, Proviso, IL, and Oak Park, IL. The average rent for rentals in these counties is $2,400. That's roughly around $23 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Worth, IL. Its average rent per month is $1,800. Vice versa, with an average rent of $3,200, Northfield, IL is the most expensive county by Lincoln Square, Chicago, IL.

Typically, rent for studios in Lincoln Square, Chicago, IL is 17.86% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Lincoln Square, Chicago, IL is 1.49% more expensive than other counties nearby. Finally, rent for two bedrooms in Lincoln Square, Chicago, IL is 2.76% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Leyden, IL	N/A	$1,500	$1,895	$1,900
Proviso, IL	$1,195	$1,425	$1,800	$1,950
Oak Park, IL	$1,929	$2,399	$2,125	$2,100
Evanston, IL	$1,915	$1,795	$2,395	$2,500
Elk Grove, IL	N/A	$1,850	$1,999	$2,500
Chicago, IL	$2,147	$2,585	$3,056	$2,586
Maine, IL	N/A	$1,650	$2,100	$2,598
Moraine, IL	N/A	$2,195	$2,564	$2,650
Niles, IL	$1,150	$2,300	$2,250	$2,700
Northfield, IL	N/A	$1,989	$2,250	$3,200

Top Zipcodes Near Lincoln Square

There are a total of 37 zipcodes in or near Lincoln Square, Chicago, IL. The average rent for all of these zipcodes is $2,448. A total of 13 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60649, Chicago, IL at $1,575 per month. In comparison, the zipcode with the most expensive average rent of $3,150 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,507. That's at least $41 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Lincoln Square, Chicago, IL is $1,848 per month. Or in other words, $34 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,390 per month. Which comes out to $27 per sqft. The following table includes the top 10 zipcodes in Lincoln Square, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60660, Chicago, IL	$1,356	$1,550	$2,489	$1,600
60640, Chicago, IL	$1,357	$1,950	$2,500	$1,995
60659, Chicago, IL	$1,100	$1,400	$1,898	$1,893
60625, Chicago, IL	$1,400	$1,795	$2,198	$2,150
60626, Chicago, IL	$1,341	$1,450	$2,000	$1,751
60645, Chicago, IL	$1,575	$1,500	$1,950	$1,950
60613, Chicago, IL	$1,507	$2,300	$2,950	$2,500
60618, Chicago, IL	$1,500	$1,848	$2,133	$2,300
60202, Evanston, IL	$1,915	$1,685	$2,050	$2,100
60657, Chicago, IL	$1,525	$2,250	$3,250	$2,448

Frequently Asked Questions - Lincoln Square Average Rents

What is the average rent price in Lincoln Square, Chicago, IL?

The average monthly rental price for Lincoln Square, Chicago, IL apartments for rent is approximately $2,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Lincoln Square, 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 Square, Chicago, IL.

How much is a studio apartment in Lincoln Square, Chicago, IL?

The average monthly rental price for studio apartments is $1,400 and an average price per square feet of $22.40. There are a total of 1 studio apartment listings currently available for rent in Lincoln Square.

How much is a one bedroom apartment in Lincoln Square, Chicago, IL?

The average monthly rental price for one bedroom apartments is $1,675 and an average price per square feet of $23.31. There are a total of 14 one bedroom apartment listings currently available for rent in Lincoln Square.

How much is a two bedroom apartment in Lincoln Square, Chicago, IL?

The average monthly rental price for two bedroom apartments is $2,173 and an average price per square feet of $25.76. There are a total of 16 two bedroom apartment listings currently available for rent in Lincoln Square.

How have rent prices in Lincoln Square, Chicago, IL changed this year?

Rent prices for rentals in Lincoln Square, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.12%, one bedroom rental prices have changed by 0.25%, two bedroom rental prices have changed by 0.10%, three bedroom rental prices have changed by -0.05% year-over-year.

What is a reasonable rent price in Lincoln Square, Chicago, IL?

A reasonable rent price in Lincoln Square, Chicago, IL is around $1,680/month. You can search for these reasonably priced rental listings on RentHop.