Monthly Rent Report
Edgewater Rent Report — July 2022
Asking rents in ZIP 60660, Chicago, from 123 listings.
Median 1BR rent in Edgewater was $1,500 in July 2022, up 23.7% (+$288) from June 2022 and up 3.4% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Edgewater $275 above the Chicago citywide 1BR median of $1,225. The month's figures are based on 123 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | +$575 (+65.7%) | +$600 (+70.6%) | $1,450 – $1,450 | 1 |
| Studio | $912 | +$37 (+4.2%) | +$62 (+7.3%) | $912 – $912 | 1 |
| 1BR | $1,500 | +$288 (+23.7%) | +$50 (+3.4%) | $1,500 – $1,500 | 1 |
| 1BR | $1,198 | −$15 (-1.2%) | −$252 (-17.4%) | $1,149 – $1,246 | 2 |
| 2BR | $1,695 | +$160 (+10.4%) | −$155 (-8.4%) | $1,695 – $1,695 | 1 |
| 2BR | $1,950 | +$415 (+27.0%) | +$100 (+5.4%) | $1,700 – $2,450 | 78 |
| 3BR | $2,900 | +$800 (+38.1%) | +$678 (+30.5%) | $2,550 – $3,098 | 3 |
| 3BR | $3,100 | +$1,000 (+47.6%) | +$878 (+39.5%) | $2,200 – $3,295 | 34 |
| 4BR | $4,000 | +$50 (+1.3%) | +$1,700 (+73.9%) | $4,000 – $4,000 | 1 |
| 4BR | $4,800 | +$850 (+21.5%) | +$2,500 (+108.7%) | $4,800 – $4,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — July 2022
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,104 | +$346 (+31.4%) |
| Studio | $912 | $1,104 | −$192 (-17.4%) |
| 1BR | $1,500 | $1,225 | +$275 (+22.4%) |
| 1BR | $1,198 | $1,225 | −$27 (-2.2%) |
| 2BR | $1,695 | $1,695 | $0 (0.0%) |
| 2BR | $1,950 | $1,695 | +$255 (+15.0%) |
| 3BR | $2,900 | $2,200 | +$700 (+31.8%) |
| 3BR | $3,100 | $2,200 | +$900 (+40.9%) |
| 4BR | $4,000 | $2,500 | +$1,500 (+60.0%) |
| 4BR | $4,800 | $2,500 | +$2,300 (+92.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2022.