Monthly Rent Report
Edgewater Rent Report — June 2023
Asking rents in ZIP 60660, Chicago, from 448 listings.
Median 1BR rent in Edgewater was $1,595 in June 2023, up 6.3% (+$95) from May 2023 and up 43.4% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,800. That puts Edgewater $195 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 448 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | −$145 (-11.2%) | +$275 (+31.4%) | $1,150 – $1,150 | 1 |
| Studio | $1,225 | −$70 (-5.4%) | +$350 (+40.0%) | $1,163 – $1,288 | 2 |
| 1BR | $1,595 | +$95 (+6.3%) | +$483 (+43.4%) | $1,300 – $1,800 | 213 |
| 1BR | $1,675 | +$175 (+11.7%) | +$563 (+50.6%) | $1,675 – $1,675 | 1 |
| 2BR | $2,400 | +$300 (+14.3%) | +$600 (+33.3%) | $2,400 – $2,400 | 1 |
| 2BR | $2,100 | $0 (0.0%) | +$300 (+16.7%) | $1,925 – $2,300 | 133 |
| 3BR | $2,695 | −$2,205 (-45.0%) | +$395 (+17.2%) | $2,400 – $3,000 | 65 |
| 3BR | $2,275 | −$2,625 (-53.6%) | −$25 (-1.1%) | $2,275 – $2,275 | 1 |
| 3BR | $5,200 | +$300 (+6.1%) | +$2,900 (+126.1%) | $5,200 – $5,200 | 1 |
| 4BR | $4,000 | +$1,505 (+60.3%) | +$50 (+1.3%) | $2,695 – $4,000 | 10 |
| 4BR | $4,000 | +$1,505 (+60.3%) | +$50 (+1.3%) | $2,695 – $4,000 | 10 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — June 2023
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,243 | −$92 (-7.4%) |
| Studio | $1,225 | $1,243 | −$17 (-1.4%) |
| 1BR | $1,595 | $1,400 | +$195 (+13.9%) |
| 1BR | $1,675 | $1,400 | +$275 (+19.6%) |
| 2BR | $2,400 | $1,700 | +$700 (+41.2%) |
| 2BR | $2,100 | $1,700 | +$400 (+23.5%) |
| 3BR | $2,695 | $2,275 | +$420 (+18.5%) |
| 3BR | $2,275 | $2,275 | $0 (0.0%) |
| 3BR | $5,200 | $2,275 | +$2,925 (+128.6%) |
| 4BR | $4,000 | $2,500 | +$1,500 (+60.0%) |
| 4BR | $4,000 | $2,500 | +$1,500 (+60.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.