Monthly Rent Report
Edgewater Rent Report — November 2022
Asking rents in ZIP 60660, Chicago, from 31 listings.
Median 1BR rent in Edgewater was $1,482 in November 2022, down 4.4% (−$68) from October 2022 and down 16.5% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,563. That puts Edgewater $82 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 31 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,195 | +$100 (+9.1%) | +$348 (+41.0%) | $1,195 – $1,195 | 3 |
| Studio | $1,075 | −$20 (-1.8%) | +$228 (+26.8%) | $1,013 – $1,138 | 2 |
| 1BR | $1,482 | −$68 (-4.4%) | −$293 (-16.5%) | $1,400 – $1,563 | 4 |
| 1BR | $1,150 | −$400 (-25.8%) | −$625 (-35.2%) | $1,150 – $1,150 | 1 |
| 2BR | $1,850 | −$250 (-11.9%) | +$315 (+20.5%) | $1,700 – $2,000 | 8 |
| 2BR | $1,850 | −$250 (-11.9%) | +$315 (+20.5%) | $1,500 – $1,850 | 5 |
| 3BR | $2,600 | +$400 (+18.2%) | +$905 (+53.4%) | $2,600 – $2,600 | 1 |
| 3BR | $2,450 | +$250 (+11.4%) | +$755 (+44.5%) | $2,450 – $2,450 | 1 |
| 4BR | $2,535 | +$110 (+4.5%) | −$1,440 (-36.2%) | $2,425 – $2,535 | 5 |
| 4BR | $2,535 | +$110 (+4.5%) | −$1,440 (-36.2%) | $2,535 – $2,535 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — November 2022
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,195 | $1,120 | +$75 (+6.7%) |
| Studio | $1,075 | $1,120 | −$45 (-4.0%) |
| 1BR | $1,482 | $1,400 | +$82 (+5.8%) |
| 1BR | $1,150 | $1,400 | −$250 (-17.9%) |
| 2BR | $1,850 | $1,700 | +$150 (+8.8%) |
| 2BR | $1,850 | $1,700 | +$150 (+8.8%) |
| 3BR | $2,600 | $2,100 | +$500 (+23.8%) |
| 3BR | $2,450 | $2,100 | +$350 (+16.7%) |
| 4BR | $2,535 | $2,500 | +$35 (+1.4%) |
| 4BR | $2,535 | $2,500 | +$35 (+1.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2022.