Monthly Rent Report

Edgewater Rent Report — September 2023

Asking rents in ZIP 60660, Chicago, from 82 listings.

Median 1BR rent in Edgewater was $1,300 in September 2023, down 29.7% (−$550) from August 2023 and down 3.7% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,500. That puts Edgewater $150 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 82 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2023Vs. September 2022P25–P75 RangeListings
Studio$1,213+$288 (+31.1%)+$165 (+15.8%)$1,123 – $1,35016
Studio$1,290+$365 (+39.5%)+$243 (+23.2%)$1,288 – $1,2932
1BR$1,300−$550 (-29.7%)−$50 (-3.7%)$1,300 – $1,50026
1BR$1,295−$555 (-30.0%)−$55 (-4.1%)$1,295 – $1,5733
2BR$1,925−$250 (-11.5%)−$25 (-1.3%)$1,838 – $1,99511
2BR$2,100−$75 (-3.4%)+$150 (+7.7%)$1,950 – $2,3005
3BR$2,620−$375 (-12.5%)−$30 (-1.1%)$2,275 – $2,99511
3BR$2,700−$295 (-9.8%)+$50 (+1.9%)$2,700 – $2,7001
4BR$3,500−$500 (-12.5%)−$245 (-6.5%)$3,500 – $3,5003
4BR$2,995−$1,005 (-25.1%)−$750 (-20.0%)$2,995 – $2,9954

Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.

Edgewater vs. ChicagoSeptember 2023

BedroomsEdgewater MedianChicago Citywide MedianDifference
Studio$1,213$1,238−$25 (-2.0%)
Studio$1,290$1,238+$53 (+4.2%)
1BR$1,300$1,450−$150 (-10.3%)
1BR$1,295$1,450−$155 (-10.7%)
2BR$1,925$1,738+$188 (+10.8%)
2BR$2,100$1,738+$363 (+20.9%)
3BR$2,620$2,327+$293 (+12.6%)
3BR$2,700$2,327+$373 (+16.0%)
4BR$3,500$2,783+$717 (+25.8%)
4BR$2,995$2,783+$212 (+7.6%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.

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