Monthly Rent Report
Edgewater Rent Report — March 2023
Asking rents in ZIP 60660, Chicago, from 639 listings.
Median 1BR rent in Edgewater was $1,425 in March 2023, down 1.7% (−$25) from February 2023 and up 19.2% year-over-year. The middle half of 1BR listings asked between $1,338 and $1,450. That puts Edgewater $29 above the Chicago citywide 1BR median of $1,396. The month's figures are based on 639 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,215 | +$165 (+15.7%) | +$65 (+5.7%) | $1,105 – $1,250 | 6 |
| Studio | $1,000 | −$50 (-4.8%) | −$150 (-13.0%) | $925 – $1,150 | 130 |
| 1BR | $1,425 | −$25 (-1.7%) | +$230 (+19.2%) | $1,338 – $1,450 | 3 |
| 1BR | $1,425 | −$25 (-1.7%) | +$230 (+19.2%) | $1,250 – $1,600 | 239 |
| 2BR | $2,200 | +$100 (+4.8%) | +$450 (+25.7%) | $2,200 – $2,200 | 1 |
| 2BR | $2,015 | −$85 (-4.0%) | +$265 (+15.1%) | $1,800 – $2,250 | 181 |
| 3BR | $2,750 | −$50 (-1.8%) | −$445 (-13.9%) | $2,325 – $2,850 | 70 |
| 3BR | $2,596 | −$204 (-7.3%) | −$599 (-18.7%) | $2,596 – $2,596 | 1 |
| 4BR | $2,495 | −$105 (-4.0%) | +$170 (+7.3%) | $2,495 – $2,721 | 4 |
| 4BR | $2,495 | −$105 (-4.0%) | +$170 (+7.3%) | $2,495 – $2,721 | 4 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — March 2023
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,215 | $1,204 | +$11 (+0.9%) |
| Studio | $1,000 | $1,204 | −$204 (-16.9%) |
| 1BR | $1,425 | $1,396 | +$29 (+2.1%) |
| 1BR | $1,425 | $1,396 | +$29 (+2.1%) |
| 2BR | $2,200 | $1,698 | +$503 (+29.6%) |
| 2BR | $2,015 | $1,698 | +$318 (+18.7%) |
| 3BR | $2,750 | $2,200 | +$550 (+25.0%) |
| 3BR | $2,596 | $2,200 | +$396 (+18.0%) |
| 4BR | $2,495 | $2,444 | +$51 (+2.1%) |
| 4BR | $2,495 | $2,444 | +$51 (+2.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.