Apartments for Rent in Lincoln Square, Chicago, IL

Lincoln Square, Chicago apartment availability

Lincoln Square's rental market offers a very strong selection of listings, with an average of 907 rentals available each month in 2024. The neighborhood's inventory is diverse, featuring a mix of studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments. Pet owners will find Lincoln Square particularly appealing, as nearly 73% of apartments allow pets, with many permitting small pets. This amenity-rich neighborhood is sure to attract renters seeking a convenient and welcoming place to call home.

Lincoln Square, Chicago rental market trends

Lincoln Square's rental market in 2024 is characterized by a moderate year-over-year increase of 5.3% in average rent, reaching $1,735 per month across all property types. Breaking down by bed count, 1-bedrooms saw a 6.9% increase to $1,652, while 2-bedrooms experienced a more significant 10.8% jump to $2,174. Studios followed with a 5.3% increase to $1,283. However, 3-bedrooms bucked the trend with an 8% decrease to $2,777.

Renters should note that June is the most expensive month, with rents 5.7% higher than in October, the least expensive month. This suggests that those looking for a better deal should consider apartment hunting in the fall. Overall, Lincoln Square's rental market is relatively stable, with moderate increases in most bed counts, making it a viable option for renters seeking a range of housing choices.

Why Lincoln Square, Chicago is a great place to live

Lincoln Square is a top choice for renters who prioritize pet friendliness and social living. According to data, the neighborhood offers an array of pet-friendly amenities, including pet-safe windows, pet hospitals, and pet grooming services, making it an ideal location for pet owners. Additionally, with a strong neighborhood population, convenient transit options, and a mix of age groups, Lincoln Square fosters a vibrant social scene. Its safe environment and well-maintained street infrastructure further enhance the overall living experience. Whether you're looking for a community that welcomes your furry friends or a lively atmosphere to connect with others, Lincoln Square is an excellent option to consider.