Monthly Rent Report
Edgewater Rent Report — December 2022
Asking rents in ZIP 60660, Chicago, from 258 listings.
Median 1BR rent in Edgewater was $1,450 in December 2022, up 26.1% (+$300) from November 2022 and down 18.3% year-over-year. The middle half of 1BR listings asked between $1,236 and $1,698. That puts Edgewater $105 above the Chicago citywide 1BR median of $1,345. The month's figures are based on 258 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $975 | −$220 (-18.4%) | +$100 (+11.4%) | $925 – $1,200 | 41 |
| Studio | $1,223 | +$28 (+2.3%) | +$348 (+39.7%) | $1,209 – $1,236 | 2 |
| 1BR | $1,450 | +$300 (+26.1%) | −$325 (-18.3%) | $1,236 – $1,698 | 102 |
| 1BR | $1,495 | +$345 (+30.0%) | −$280 (-15.8%) | $1,443 – $1,546 | 6 |
| 2BR | $1,998 | +$148 (+8.0%) | +$98 (+5.1%) | $1,706 – $2,100 | 8 |
| 2BR | $2,000 | +$150 (+8.1%) | +$100 (+5.3%) | $1,800 – $2,200 | 73 |
| 3BR | $2,775 | +$175 (+6.7%) | +$675 (+32.1%) | $2,713 – $2,838 | 2 |
| 3BR | $2,650 | +$50 (+1.9%) | +$550 (+26.2%) | $2,163 – $2,885 | 15 |
| 4BR | $3,400 | +$865 (+34.1%) | +$1,278 (+60.2%) | $3,400 – $3,400 | 4 |
| 4BR | $3,400 | +$865 (+34.1%) | +$1,278 (+60.2%) | $2,975 – $3,400 | 5 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — December 2022
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $975 | $1,050 | −$75 (-7.1%) |
| Studio | $1,223 | $1,050 | +$173 (+16.4%) |
| 1BR | $1,450 | $1,345 | +$105 (+7.8%) |
| 1BR | $1,495 | $1,345 | +$150 (+11.2%) |
| 2BR | $1,998 | $1,675 | +$323 (+19.3%) |
| 2BR | $2,000 | $1,675 | +$325 (+19.4%) |
| 3BR | $2,775 | $2,181 | +$594 (+27.2%) |
| 3BR | $2,650 | $2,181 | +$469 (+21.5%) |
| 4BR | $3,400 | $2,589 | +$811 (+31.3%) |
| 4BR | $3,400 | $2,589 | +$811 (+31.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2022.