Monthly Rent Report
Edgewater Rent Report — October 2023
Asking rents in ZIP 60660, Chicago, from 82 listings.
Median 1BR rent in Edgewater was $1,400 in October 2023, up 8.1% (+$105) from September 2023 and down 9.7% year-over-year. The middle half of 1BR listings asked between $1,295 and $1,550. That puts Edgewater $75 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 82 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | −$40 (-3.1%) | +$155 (+14.2%) | $1,250 – $1,250 | 1 |
| Studio | $1,211 | −$79 (-6.1%) | +$116 (+10.6%) | $1,211 – $1,211 | 1 |
| 1BR | $1,400 | +$105 (+8.1%) | −$150 (-9.7%) | $1,295 – $1,550 | 46 |
| 1BR | $1,223 | −$72 (-5.6%) | −$327 (-21.1%) | $1,209 – $1,236 | 2 |
| 2BR | $2,540 | +$615 (+31.9%) | +$718 (+39.4%) | $2,400 – $2,590 | 5 |
| 2BR | $2,025 | +$100 (+5.2%) | +$203 (+11.1%) | $1,938 – $2,113 | 2 |
| 3BR | $2,750 | +$50 (+1.9%) | +$550 (+25.0%) | $2,725 – $2,775 | 2 |
| 3BR | $2,600 | −$100 (-3.7%) | +$400 (+18.2%) | $2,550 – $3,900 | 3 |
| 4BR | $3,250 | +$255 (+8.5%) | +$825 (+34.0%) | $3,250 – $3,250 | 17 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — October 2023
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,200 | +$50 (+4.2%) |
| Studio | $1,211 | $1,200 | +$11 (+0.9%) |
| 1BR | $1,400 | $1,475 | −$75 (-5.1%) |
| 1BR | $1,223 | $1,475 | −$252 (-17.1%) |
| 2BR | $2,540 | $1,800 | +$740 (+41.1%) |
| 2BR | $2,025 | $1,800 | +$225 (+12.5%) |
| 3BR | $2,750 | $2,450 | +$300 (+12.2%) |
| 3BR | $2,600 | $2,450 | +$150 (+6.1%) |
| 4BR | $3,250 | $2,575 | +$675 (+26.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.