Monthly Rent Report
Edgewater Rent Report — July 2023
Asking rents in ZIP 60660, Chicago, from 175 listings.
Median 1BR rent in Edgewater was $1,550 in July 2023, down 7.5% (−$125) from June 2023 and up 3.3% year-over-year. The middle half of 1BR listings asked between $1,295 and $1,745. That puts Edgewater $100 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 175 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,025 | −$200 (-16.3%) | +$113 (+12.4%) | $950 – $1,150 | 29 |
| Studio | $1,350 | +$125 (+10.2%) | +$438 (+48.0%) | $1,350 – $1,350 | 1 |
| 1BR | $1,550 | −$125 (-7.5%) | +$50 (+3.3%) | $1,295 – $1,745 | 53 |
| 1BR | $1,598 | −$77 (-4.6%) | +$98 (+6.5%) | $1,303 – $1,638 | 10 |
| 2BR | $2,400 | +$300 (+14.3%) | +$450 (+23.1%) | $2,400 – $2,400 | 1 |
| 2BR | $2,153 | +$53 (+2.5%) | +$203 (+10.4%) | $1,868 – $2,350 | 31 |
| 3BR | $2,700 | −$2,500 (-48.1%) | −$200 (-6.9%) | $2,700 – $2,700 | 1 |
| 3BR | $3,000 | −$2,200 (-42.3%) | +$100 (+3.4%) | $2,540 – $3,132 | 16 |
| 4BR | $4,000 | $0 (0.0%) | $0 (0.0%) | $3,378 – $4,000 | 7 |
| 4BR | $3,800 | −$200 (-5.0%) | −$200 (-5.0%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — July 2023
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,025 | $1,200 | −$175 (-14.6%) |
| Studio | $1,350 | $1,200 | +$150 (+12.5%) |
| 1BR | $1,550 | $1,450 | +$100 (+6.9%) |
| 1BR | $1,598 | $1,450 | +$148 (+10.2%) |
| 2BR | $2,400 | $1,795 | +$605 (+33.7%) |
| 2BR | $2,153 | $1,795 | +$358 (+19.9%) |
| 3BR | $2,700 | $2,273 | +$428 (+18.8%) |
| 3BR | $3,000 | $2,273 | +$728 (+32.0%) |
| 4BR | $4,000 | $2,709 | +$1,292 (+47.7%) |
| 4BR | $3,800 | $2,709 | +$1,092 (+40.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.