Monthly Rent Report
Edgewater Rent Report — April 2023
Asking rents in ZIP 60660, Chicago, from 671 listings.
Median 1BR rent in Edgewater was $1,450 in April 2023, up 1.8% (+$25) from March 2023 and down 3.3% year-over-year. The middle half of 1BR listings asked between $1,237 and $1,612. That puts Edgewater $25 above the Chicago citywide 1BR median of $1,425. The month's figures are based on 671 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,020 | +$20 (+2.0%) | +$170 (+20.0%) | $1,015 – $1,025 | 2 |
| Studio | $1,100 | +$100 (+10.0%) | +$250 (+29.4%) | $1,000 – $1,300 | 148 |
| 1BR | $1,450 | +$25 (+1.8%) | −$50 (-3.3%) | $1,237 – $1,612 | 259 |
| 1BR | $2,000 | +$575 (+40.4%) | +$500 (+33.3%) | $2,000 – $2,000 | 1 |
| 2BR | $1,998 | −$17 (-0.9%) | +$398 (+24.8%) | $1,896 – $2,099 | 2 |
| 2BR | $2,100 | +$85 (+4.2%) | +$500 (+31.3%) | $1,900 – $2,300 | 184 |
| 3BR | $2,600 | −$150 (-5.5%) | +$363 (+16.2%) | $2,600 – $2,600 | 1 |
| 3BR | $2,600 | −$150 (-5.5%) | +$363 (+16.2%) | $1,925 – $2,966 | 67 |
| 4BR | $6,000 | +$3,505 (+140.5%) | +$3,405 (+131.2%) | $6,000 – $6,000 | 1 |
| 4BR | $3,471 | +$976 (+39.1%) | +$876 (+33.7%) | $3,025 – $3,885 | 6 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — April 2023
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,020 | $1,195 | −$175 (-14.6%) |
| Studio | $1,100 | $1,195 | −$95 (-7.9%) |
| 1BR | $1,450 | $1,425 | +$25 (+1.8%) |
| 1BR | $2,000 | $1,425 | +$575 (+40.4%) |
| 2BR | $1,998 | $1,725 | +$273 (+15.8%) |
| 2BR | $2,100 | $1,725 | +$375 (+21.7%) |
| 3BR | $2,600 | $2,300 | +$300 (+13.0%) |
| 3BR | $2,600 | $2,300 | +$300 (+13.0%) |
| 4BR | $6,000 | $2,597 | +$3,403 (+131.0%) |
| 4BR | $3,471 | $2,597 | +$874 (+33.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.