Monthly Rent Report
Edgewater Rent Report — January 2023
Asking rents in ZIP 60660, Chicago, from 668 listings.
Median 1BR rent in Edgewater was $1,425 in January 2023, down 1.7% (−$25) from December 2022 and up 37.7% year-over-year. The middle half of 1BR listings asked between $1,425 and $1,425. That puts Edgewater $75 above the Chicago citywide 1BR median of $1,350. The month's figures are based on 668 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | +$20 (+2.1%) | +$110 (+12.4%) | $913 – $1,188 | 99 |
| Studio | $850 | −$125 (-12.8%) | −$35 (-4.0%) | $838 – $873 | 3 |
| 1BR | $1,425 | −$25 (-1.7%) | +$390 (+37.7%) | $1,425 – $1,425 | 2 |
| 1BR | $1,375 | −$75 (-5.2%) | +$340 (+32.9%) | $1,200 – $1,788 | 268 |
| 2BR | $1,000 | −$997 (-49.9%) | −$650 (-39.4%) | $1,000 – $1,000 | 1 |
| 2BR | $2,100 | +$103 (+5.1%) | +$450 (+27.3%) | $1,800 – $2,250 | 211 |
| 3BR | $2,650 | $0 (0.0%) | +$350 (+15.2%) | $2,650 – $2,650 | 1 |
| 3BR | $2,500 | −$150 (-5.7%) | +$200 (+8.7%) | $1,888 – $2,888 | 76 |
| 4BR | $2,968 | −$432 (-12.7%) | +$518 (+21.1%) | $2,751 – $3,184 | 2 |
| 4BR | $3,400 | $0 (0.0%) | +$950 (+38.8%) | $3,400 – $3,400 | 5 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — January 2023
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,061 | −$66 (-6.2%) |
| Studio | $850 | $1,061 | −$211 (-19.9%) |
| 1BR | $1,425 | $1,350 | +$75 (+5.6%) |
| 1BR | $1,375 | $1,350 | +$25 (+1.9%) |
| 2BR | $1,000 | $1,698 | −$697 (-41.1%) |
| 2BR | $2,100 | $1,698 | +$403 (+23.7%) |
| 3BR | $2,650 | $2,123 | +$528 (+24.9%) |
| 3BR | $2,500 | $2,123 | +$378 (+17.8%) |
| 4BR | $2,968 | $2,417 | +$551 (+22.8%) |
| 4BR | $3,400 | $2,417 | +$984 (+40.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.