Cost of living in Lincoln Park, Chicago (2026)

Key takeaway: A one-bedroom in Lincoln Park rents for about $2,560 to $2,750 a month in fall 2026, two-bedrooms about $3,900 to $4,350, and the median homeowner property tax bill in the community area was $9,410 for tax year 2024.

Lincoln Park stretches from North Avenue to Diversey, between the lake and the river, with the park and zoo along its east side. It’s one of the city’s higher-priced neighborhoods, and you get a lot for it: three L stations, a Metra stop, and eight major grocery stores within a short walk or bus ride. Its typical one-bedroom, about $2,561 a month, runs about $482 above the citywide typical of $2,079 (Zillow, September 2026), the 12th highest of the 92 areas in our neighborhood comparison.

Typical one-bedroom$2,561 a month
Typical two-bedroom$3,907 a month
Income for your own one-bedroomAbout $102,440 a year
L linesRed, Brown, Purple
MetraUnion Pacific North and Northwest
Part of the cityNorth Side
At a glance, October 2026. Rents are the figures used in the sample budget below; income is our calculation, rent times 40.
Lincoln Park cost of living: typical one-bedroom $2,561 and two-bedroom $3,907 a month, compared with $2,079 and $2,516 citywide
Typical rents in Lincoln Park compared with the citywide typical (Zillow, September 2026). Neighborhood figures are the ones in the table above; income is our calculation, rent times 40.

On this page: Rent · Getting around · Groceries · Parking · Taxes and home prices · Sample budget

Rent by apartment size

UnitZumper (avg., Oct 2026)RentHop (Oct 2026)RentCafe (avg., Oct 2026)
Studio$1,695$1,850$1,756
1 bedroom$2,561$2,750$2,752
2 bedrooms$3,907$4,144$4,347
3 bedrooms$5,050$5,200n/a

Source: Zumper Lincoln Park rent research, updated October 23, 2026; RentHop Lincoln Park; RentCafe Lincoln Park, updated October 1, 2026. Sources differ because they track different listings; see why rent reports disagree.

Getting around

  • L: Fullerton (Red, Brown and Purple) and Armitage (Brown and Purple). North/Clybourn on the Red Line sits at the southwest corner. From the City of Chicago’s list of L stops.
  • Buses: #22 Clark, #8 Halsted, #9 Ashland, #74 Fullerton, #73 Armitage, #76 Diversey, #151 Sheridan and #156 LaSalle, plus the #146 and #147 express buses on Lake Shore Drive.
  • Metra: Clybourn station at 2001 N. Ashland Ave. serves the Union Pacific North and Northwest lines (Zone 2). See Metra fares.

A 30-day CTA pass is $75 (CTA).

Groceries nearby

StoreAddress
Jewel-Osco Clybourn and Wrightwood2550 N. Clybourn Ave.
ALDI2600 N. Clybourn Ave.
Trader Joe’s Lincoln Park1840 N. Clybourn Ave.
Trader Joe’s Diversey667 W. Diversey Pkwy.
Target Lincoln Park North2650 N. Clark St.
Target Lincoln Park South555 W. Webster Ave.
The Fresh Market2730 N. Halsted St.
Whole Foods Lincoln Park (just south)1550 N. Kingsbury St.

Source: each store’s own location page, checked October 25, 2026. Having an ALDI and two Trader Joe’s nearby makes it easy to mix lower-cost and premium shopping. See our Chicago grocery guide.

Parking

If you will have a car, check your block with the City Clerk’s zone lookup before you sign a lease. Adding a residential permit zone to your City Sticker costs $25 to $35 a year, on top of the $105.18 passenger-car sticker; our parking guide covers guest passes, meters and garages.

Property taxes and home prices

The median residential bill in the Lincoln Park community area rose 5.9% to $9,410 for tax year 2024, and the Treasurer put the 2024 median sale price for the Lake View and Lincoln Park area at $1,425,000 (Cook County Treasurer, tax year 2024 report). Citywide, the median Chicago homeowner bill for tax year 2025, mailed in August 2026, was $4,597, up 3.2% (Cook County Treasurer).

Fullerton Avenue is the township line: north of it is Lake View Township and south of it is North Chicago Township (North Chicago Township), so the two halves are reassessed on the same three-year cycle but compared separately. Properties fronting Clark Street from Armitage to Diversey pay into SSA #23, capped at 0.309% (Lincoln Park Chamber), and those fronting Lincoln Avenue from Webster to Diversey are in SSA #35 (Lincoln Park Chamber). For how bills are set and how to appeal, see our property tax guide.

Lincoln Park cost of living: a sample monthly budget

SetupRentCTA passIncome needed at 30% rent
Your own one-bedroom$2,561$75$102,440
Half of a two-bedroom$1,954$75$78,160
Your own two-bedroom$3,907$75$156,280

Source: our calculation from the Zumper averages above (half of $3,907, rounded). Income needed is monthly rent times 12, divided by 0.30. See how much you need to make to live in Chicago for the rest of the budget.

Compare every neighborhood side by side in our Chicago neighborhood cost comparison, or work out your own number with our salary calculator. More North Side neighborhood profiles: Andersonville, DePaul and Sheffield, Edgewater, Lakeview, Lakeview East and Northalsted, Lincoln Square, North Center, North Park, Ravenswood, Rogers Park, Roscoe Village, Uptown, West Ridge and Wrigleyville.

Costs that apply in every neighborhood: property tax bills, closing costs and condo fees, water, sewer and garbage fees, ComEd and Peoples Gas, CTA fares, parking, average salaries by job and our Chicago cost index.

Sources

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