Monthly Rent Report
Edgewater Rent Report — February 2024
Asking rents in ZIP 60660, Chicago, from 850 listings.
Median 1BR rent in Edgewater was $1,525 in February 2024, down 9.6% (−$162) from January 2024 and up 2.6% year-over-year. The middle half of 1BR listings asked between $1,313 and $1,575. That puts Edgewater $25 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 850 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,275 | $0 (0.0%) | +$225 (+21.4%) | $1,175 – $1,295 | 8 |
| Studio | $1,195 | −$80 (-6.3%) | +$145 (+13.8%) | $1,050 – $1,300 | 165 |
| 1BR | $1,525 | −$162 (-9.6%) | +$38 (+2.6%) | $1,313 – $1,575 | 8 |
| 1BR | $1,645 | −$42 (-2.5%) | +$158 (+10.6%) | $1,385 – $1,850 | 349 |
| 2BR | $2,200 | −$100 (-4.3%) | +$498 (+29.3%) | $2,150 – $2,213 | 4 |
| 2BR | $2,195 | −$105 (-4.6%) | +$493 (+29.0%) | $1,899 – $2,550 | 248 |
| 3BR | $2,812 | +$312 (+12.5%) | +$12 (+0.4%) | $2,300 – $3,243 | 57 |
| 3BR | $2,300 | −$200 (-8.0%) | −$500 (-17.9%) | $2,300 – $2,300 | 1 |
| 4BR | $2,800 | −$600 (-17.6%) | +$200 (+7.7%) | $2,800 – $2,800 | 1 |
| 4BR | $2,800 | −$600 (-17.6%) | +$200 (+7.7%) | $2,395 – $3,800 | 9 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — February 2024
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,275 | $1,211 | +$64 (+5.3%) |
| Studio | $1,195 | $1,211 | −$16 (-1.3%) |
| 1BR | $1,525 | $1,500 | +$25 (+1.7%) |
| 1BR | $1,645 | $1,500 | +$145 (+9.7%) |
| 2BR | $2,200 | $1,813 | +$388 (+21.4%) |
| 2BR | $2,195 | $1,813 | +$383 (+21.1%) |
| 3BR | $2,812 | $2,300 | +$512 (+22.3%) |
| 3BR | $2,300 | $2,300 | $0 (0.0%) |
| 4BR | $2,800 | $2,792 | +$9 (+0.3%) |
| 4BR | $2,800 | $2,792 | +$9 (+0.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.