Monthly Rent Report

Edgewater Rent Report — September 2022

Asking rents in ZIP 60660, Chicago, from 41 listings.

Median 1BR rent in Edgewater was $1,350 in September 2022, up 15.1% (+$177) from August 2022 and up 10.7% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts Edgewater $50 above the Chicago citywide 1BR median of $1,300. The month's figures are based on 41 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2022Vs. September 2021P25–P75 RangeListings
Studio$1,048+$78 (+8.0%)+$123 (+13.2%)$974 – $1,1212
Studio$923−$47 (-4.9%)−$2 (-0.3%)$836 – $9646
1BR$1,350+$177 (+15.1%)+$131 (+10.7%)$1,350 – $1,3501
1BR$1,160−$13 (-1.1%)−$59 (-4.9%)$1,110 – $1,1759
2BR$1,450+$325 (+28.9%)−$245 (-14.5%)$1,450 – $1,4501
2BR$1,950+$825 (+73.3%)+$255 (+15.0%)$1,694 – $2,1884
3BR$2,750−$150 (-5.2%)+$250 (+10.0%)$2,750 – $2,7502
3BR$2,650−$250 (-8.6%)+$150 (+6.0%)$2,650 – $2,6501
4BR$3,745−$100 (-2.6%)+$1,895 (+102.4%)$2,195 – $3,7957
4BR$3,648−$197 (-5.1%)+$1,798 (+97.2%)$2,195 – $3,7708

Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.

Edgewater vs. ChicagoSeptember 2022

BedroomsEdgewater MedianChicago Citywide MedianDifference
Studio$1,048$1,050−$2 (-0.2%)
Studio$923$1,050−$127 (-12.1%)
1BR$1,350$1,300+$50 (+3.8%)
1BR$1,160$1,300−$140 (-10.8%)
2BR$1,450$1,550−$100 (-6.5%)
2BR$1,950$1,550+$400 (+25.8%)
3BR$2,750$2,099+$651 (+31.0%)
3BR$2,650$2,099+$551 (+26.3%)
4BR$3,745$2,420+$1,325 (+54.8%)
4BR$3,648$2,420+$1,228 (+50.8%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2022.

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