Monthly Rent Report
Edgewater Rent Report — November 2023
Asking rents in ZIP 60660, Chicago, from 144 listings.
Median 1BR rent in Edgewater was $1,650 in November 2023, up 35.0% (+$428) from October 2023 and up 43.5% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,650. That puts Edgewater $147 above the Chicago citywide 1BR median of $1,504. The month's figures are based on 144 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,330 | +$80 (+6.4%) | +$255 (+23.7%) | $1,328 – $1,333 | 2 |
| Studio | $1,125 | −$125 (-10.0%) | +$50 (+4.7%) | $1,125 – $1,125 | 2 |
| 1BR | $1,650 | +$428 (+35.0%) | +$500 (+43.5%) | $1,450 – $1,650 | 5 |
| 1BR | $1,588 | +$365 (+29.9%) | +$438 (+38.0%) | $1,581 – $1,594 | 2 |
| 2BR | $1,845 | −$695 (-27.4%) | −$5 (-0.3%) | $1,843 – $1,848 | 2 |
| 2BR | $1,800 | −$740 (-29.1%) | −$50 (-2.7%) | $1,748 – $2,050 | 3 |
| 3BR | $2,500 | −$250 (-9.1%) | −$100 (-3.8%) | $2,495 – $2,905 | 91 |
| 3BR | $2,895 | +$145 (+5.3%) | +$295 (+11.3%) | $2,895 – $2,895 | 1 |
| 4BR | $2,695 | −$555 (-17.1%) | +$160 (+6.3%) | $2,600 – $3,250 | 29 |
| 4BR | $2,545 | −$705 (-21.7%) | +$10 (+0.4%) | $2,470 – $2,620 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — November 2023
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,330 | $1,160 | +$170 (+14.7%) |
| Studio | $1,125 | $1,160 | −$35 (-3.0%) |
| 1BR | $1,650 | $1,504 | +$147 (+9.7%) |
| 1BR | $1,588 | $1,504 | +$84 (+5.6%) |
| 2BR | $1,845 | $1,800 | +$45 (+2.5%) |
| 2BR | $1,800 | $1,800 | $0 (0.0%) |
| 3BR | $2,500 | $2,298 | +$203 (+8.8%) |
| 3BR | $2,895 | $2,298 | +$598 (+26.0%) |
| 4BR | $2,695 | $2,750 | −$55 (-2.0%) |
| 4BR | $2,545 | $2,750 | −$205 (-7.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.