Monthly Rent Report
Edgewater Rent Report — December 2023
Asking rents in ZIP 60660, Chicago, from 43 listings.
Median 1BR rent in Edgewater was $1,313 in December 2023, down 17.3% (−$275) from November 2023 and down 9.5% year-over-year. The middle half of 1BR listings asked between $1,275 and $1,613. That puts Edgewater $143 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 43 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,275 | −$55 (-4.1%) | +$300 (+30.8%) | $1,263 – $1,275 | 3 |
| Studio | $1,150 | −$180 (-13.5%) | +$175 (+17.9%) | $1,150 – $1,150 | 1 |
| 1BR | $1,313 | −$275 (-17.3%) | −$137 (-9.5%) | $1,275 – $1,613 | 8 |
| 1BR | $1,675 | +$88 (+5.5%) | +$225 (+15.5%) | $1,675 – $1,675 | 1 |
| 2BR | $1,375 | −$425 (-23.6%) | −$625 (-31.3%) | $1,375 – $1,375 | 1 |
| 2BR | $1,885 | +$85 (+4.7%) | −$115 (-5.8%) | $1,885 – $2,388 | 7 |
| 3BR | $2,625 | −$270 (-9.3%) | −$25 (-0.9%) | $2,588 – $2,663 | 2 |
| 3BR | $2,700 | −$195 (-6.7%) | +$50 (+1.9%) | $2,700 – $2,700 | 1 |
| 4BR | $2,695 | +$150 (+5.9%) | −$705 (-20.7%) | $2,549 – $3,250 | 16 |
| 4BR | $2,695 | +$150 (+5.9%) | −$705 (-20.7%) | $2,545 – $3,098 | 3 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — December 2023
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,275 | $1,218 | +$58 (+4.7%) |
| Studio | $1,150 | $1,218 | −$67 (-5.5%) |
| 1BR | $1,313 | $1,455 | −$142 (-9.8%) |
| 1BR | $1,675 | $1,455 | +$220 (+15.1%) |
| 2BR | $1,375 | $1,800 | −$425 (-23.6%) |
| 2BR | $1,885 | $1,800 | +$85 (+4.7%) |
| 3BR | $2,625 | $2,472 | +$153 (+6.2%) |
| 3BR | $2,700 | $2,472 | +$228 (+9.2%) |
| 4BR | $2,695 | $2,630 | +$65 (+2.5%) |
| 4BR | $2,695 | $2,630 | +$65 (+2.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.