Monthly Rent Report
Edgewater Rent Report — October 2022
Asking rents in ZIP 60660, Chicago, from 58 listings.
Median 1BR rent in Edgewater was $1,550 in October 2022, up 14.8% (+$200) from September 2022 and down 4.5% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,708. That puts Edgewater $233 above the Chicago citywide 1BR median of $1,318. The month's figures are based on 58 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $900 | −$22 (-2.4%) | −$337 (-27.3%) | $900 – $1,013 | 6 |
| Studio | $1,095 | +$173 (+18.7%) | −$142 (-11.5%) | $1,095 – $1,095 | 1 |
| 1BR | $1,550 | +$200 (+14.8%) | −$72 (-4.5%) | $1,300 – $1,708 | 7 |
| 1BR | $1,550 | +$200 (+14.8%) | −$72 (-4.5%) | $1,269 – $1,587 | 6 |
| 2BR | $2,100 | +$150 (+7.7%) | +$565 (+36.8%) | $2,100 – $2,200 | 20 |
| 2BR | $1,823 | −$127 (-6.5%) | +$288 (+18.7%) | $1,795 – $1,913 | 4 |
| 3BR | $2,900 | +$150 (+5.5%) | +$600 (+26.1%) | $2,900 – $2,900 | 1 |
| 3BR | $2,200 | −$550 (-20.0%) | −$100 (-4.3%) | $2,195 – $2,235 | 9 |
| 4BR | $2,425 | −$1,320 (-35.2%) | −$1,975 (-44.9%) | $2,425 – $2,425 | 1 |
| 4BR | $2,425 | −$1,320 (-35.2%) | −$1,975 (-44.9%) | $2,425 – $2,425 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — October 2022
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $900 | $1,050 | −$150 (-14.3%) |
| Studio | $1,095 | $1,050 | +$45 (+4.3%) |
| 1BR | $1,550 | $1,318 | +$233 (+17.6%) |
| 1BR | $1,550 | $1,318 | +$233 (+17.6%) |
| 2BR | $2,100 | $1,700 | +$400 (+23.5%) |
| 2BR | $1,823 | $1,700 | +$123 (+7.2%) |
| 3BR | $2,900 | $2,190 | +$710 (+32.4%) |
| 3BR | $2,200 | $2,190 | +$10 (+0.5%) |
| 4BR | $2,425 | $2,478 | −$52 (-2.1%) |
| 4BR | $2,425 | $2,478 | −$52 (-2.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2022.