Monthly Rent Report
Edgewater Rent Report — August 2022
Asking rents in ZIP 60660, Chicago, from 453 listings.
Median 1BR rent in Edgewater was $2,000 in August 2022, up 67.0% (+$803) from July 2022 and up 37.9% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Edgewater $705 above the Chicago citywide 1BR median of $1,295. The month's figures are based on 453 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $970 | +$58 (+6.4%) | +$30 (+3.2%) | $900 – $1,099 | 154 |
| Studio | $1,095 | +$183 (+20.1%) | +$155 (+16.5%) | $1,085 – $1,095 | 3 |
| 1BR | $2,000 | +$803 (+67.0%) | +$550 (+37.9%) | $2,000 – $2,000 | 1 |
| 1BR | $1,173 | −$24 (-2.0%) | −$277 (-19.1%) | $1,100 – $1,295 | 5 |
| 2BR | $1,125 | −$570 (-33.6%) | −$570 (-33.6%) | $1,125 – $1,125 | 1 |
| 2BR | $2,100 | +$405 (+23.9%) | +$405 (+23.9%) | $1,800 – $2,300 | 199 |
| 3BR | $2,700 | −$400 (-12.9%) | +$400 (+17.4%) | $2,700 – $2,700 | 2 |
| 3BR | $2,900 | −$200 (-6.5%) | +$600 (+26.1%) | $2,500 – $3,095 | 73 |
| 4BR | $3,845 | −$955 (-19.9%) | +$1,445 (+60.2%) | $3,845 – $3,845 | 9 |
| 4BR | $3,845 | −$955 (-19.9%) | +$1,445 (+60.2%) | $3,845 – $3,845 | 6 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — August 2022
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $970 | $1,095 | −$125 (-11.4%) |
| Studio | $1,095 | $1,095 | $0 (0.0%) |
| 1BR | $2,000 | $1,295 | +$705 (+54.4%) |
| 1BR | $1,173 | $1,295 | −$122 (-9.4%) |
| 2BR | $1,125 | $1,795 | −$670 (-37.3%) |
| 2BR | $2,100 | $1,795 | +$305 (+17.0%) |
| 3BR | $2,700 | $2,250 | +$450 (+20.0%) |
| 3BR | $2,900 | $2,250 | +$650 (+28.9%) |
| 4BR | $3,845 | $2,455 | +$1,390 (+56.6%) |
| 4BR | $3,845 | $2,455 | +$1,390 (+56.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2022.