Monthly Rent Report
Edgewater Rent Report — February 2023
Asking rents in ZIP 60660, Chicago, from 620 listings.
Median 1BR rent in Edgewater was $1,450 in February 2023, up 1.8% (+$25) from January 2023 and up 3.6% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,650. That puts Edgewater $50 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 620 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $950 | −$45 (-4.5%) | +$60 (+6.7%) | $950 – $950 | 1 |
| Studio | $1,050 | +$55 (+5.5%) | +$160 (+18.0%) | $925 – $1,225 | 105 |
| 1BR | $1,450 | +$25 (+1.8%) | +$50 (+3.6%) | $1,300 – $1,650 | 249 |
| 1BR | $1,487 | +$62 (+4.4%) | +$87 (+6.2%) | $1,393 – $1,550 | 8 |
| 2BR | $2,100 | $0 (0.0%) | −$200 (-8.7%) | $1,800 – $2,293 | 175 |
| 2BR | $1,702 | −$398 (-19.0%) | −$598 (-26.0%) | $1,656 – $1,749 | 2 |
| 3BR | $2,800 | +$150 (+5.7%) | +$700 (+33.3%) | $2,225 – $2,995 | 64 |
| 3BR | $2,800 | +$150 (+5.7%) | +$700 (+33.3%) | $2,800 – $2,800 | 1 |
| 4BR | $2,600 | −$800 (-23.5%) | −$205 (-7.3%) | $2,600 – $2,861 | 8 |
| 4BR | $2,600 | −$800 (-23.5%) | −$205 (-7.3%) | $2,600 – $2,873 | 7 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — February 2023
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $950 | $1,149 | −$199 (-17.3%) |
| Studio | $1,050 | $1,149 | −$99 (-8.6%) |
| 1BR | $1,450 | $1,400 | +$50 (+3.6%) |
| 1BR | $1,487 | $1,400 | +$87 (+6.2%) |
| 2BR | $2,100 | $1,695 | +$405 (+23.9%) |
| 2BR | $1,702 | $1,695 | +$7 (+0.4%) |
| 3BR | $2,800 | $2,188 | +$613 (+28.0%) |
| 3BR | $2,800 | $2,188 | +$613 (+28.0%) |
| 4BR | $2,600 | $2,393 | +$208 (+8.7%) |
| 4BR | $2,600 | $2,393 | +$208 (+8.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.