Lincoln Park, Chicago, Cook County, IL Rental Market Trends
Last updated: September 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lincoln Park is $2,432, a 18.68% increase compared to the previous year, when the average rent was $2,050.
Studio Apartments at $1,756 offer the most budget-friendly option with 421 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 698 square feet for $2,752, balancing privacy and affordability.
Two-bedroom units at $4,347 offer 1,093 square feet, perfect for roommates or small families.
Average rent in Lincoln Park, Chicago, Cook County, IL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,432 | 609 sq. ft. |
| Studio | $1,756 | 421 sq. ft. |
| 1 Bed | $2,752 | 698 sq. ft. |
| 2 Beds | $4,347 | 1,093 sq. ft. |
| 3 Beds | n/a | n/a |
Lincoln Park, Chicago, Cook County, IL rent trends
Rental prices in Lincoln Park, Chicago, Cook County, IL have increased by 18.68% over the past year. The average rent moved from $2,050 to $2,432.
What's the typical rent budget in Lincoln Park, Chicago, Cook County, IL?
The largest share of rentals in Lincoln Park, Chicago, Cook County, IL (25%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lincoln Park, Chicago, Cook County, IL?
5,013 or 56% of the households in Lincoln Park, Chicago, Cook County, IL are renter-occupied while 3,958 or 44% are owner-occupied.
Most affordable neighborhoods in Lincoln Park?
Jackson Park Highlands $1,136/month
Austin $1,157/month
Washington Park $1,237/month
All of these neighborhoods fall below the city wide average of $2,523/month.Most expensive neighborhoods in Lincoln Park?
River North $3,420/month
Wrightwood $3,813/month
Sheffield $4,090/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Chicago, IL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Sheffield | $4,090 |
| Wrightwood | $3,813 |
| River North | $3,420 |
| Greektown | $3,390 |
| Bucktown | $3,387 |
| Fulton Market | $3,364 |
| Streeterville | $3,272 |
| Old Town Chicago | $3,215 |
| Downtown Chicago | $3,156 |
| Near East Side Chicago | $3,128 |
| Goose Island | $3,117 |
| West Town | $3,087 |
| Old Town Triangle | $3,050 |
| Near West Side | $3,048 |
| Fulton River District | $3,020 |
| River West | $3,017 |
| Chicago Loop | $3,008 |
| Wicker Park | $2,974 |
| Near North Side Chicago | $2,917 |
| East Village | $2,826 |
| Tri-Taylor | $2,813 |
| Humboldt Park | $2,791 |
| South Loop | $2,787 |
| Gold Coast | $2,692 |
| Cabrini - Green | $2,536 |
| Printer's Row | $2,469 |
| Lincoln Park | $2,432 |
| West Loop | $2,425 |
| Little Italy | $2,283 |
| Lakeview | $2,277 |
| Logan Square | $2,266 |
| East Hyde Park | $2,100 |
| Palmer Square | $2,095 |
| Ravenswood | $2,087 |
| Kenwood | $2,000 |
| Park West | $1,979 |
| Andersonville | $1,971 |
| Clarendon Park | $1,964 |
| Stateway Gardens | $1,901 |
| Bronzeville | $1,783 |
| Oakland | $1,781 |
| Bryn Mawr Historic District | $1,761 |
| Buena Park | $1,742 |
| Margate Park | $1,733 |
| Hyde Park | $1,673 |
| Uptown Chicago | $1,618 |
| West Rogers Park | $1,594 |
| Woodlawn | $1,589 |
| Rogers Park | $1,500 |
| North Kenwood | $1,485 |
| Edgewater Beach | $1,482 |
| East Garfield Park | $1,464 |
| Sheridan Park | $1,399 |
| South Shore | $1,352 |
| Jefferson Park | $1,345 |
| Edgewater | $1,326 |
| Douglas Park | $1,241 |
| Englewood | $1,239 |
| Washington Park | $1,237 |
| Austin | $1,157 |
| Jackson Park Highlands | $1,136 |
Chicago | Rent Comparison by Neighborhood
Rent in Lincoln Park is 23% higher than in Andersonville
Lincoln Park rent is the same as Chicago average
Andersonville rent is 19% lower than Chicago average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lincoln Park apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.