Monthly Rent Report
Edgewater Rent Report — March 2024
Asking rents in ZIP 60660, Chicago, from 566 listings.
Median 1BR rent in Edgewater was $1,675 in March 2024, up 1.8% (+$30) from February 2024 and up 17.5% year-over-year. The middle half of 1BR listings asked between $1,675 and $1,813. That puts Edgewater $171 above the Chicago citywide 1BR median of $1,505. The month's figures are based on 566 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | −$125 (-9.8%) | +$150 (+15.0%) | $1,000 – $1,302 | 177 |
| Studio | $1,275 | $0 (0.0%) | +$275 (+27.5%) | $1,275 – $1,285 | 14 |
| 1BR | $1,675 | +$30 (+1.8%) | +$250 (+17.5%) | $1,675 – $1,813 | 7 |
| 1BR | $1,595 | −$50 (-3.0%) | +$170 (+11.9%) | $1,350 – $1,795 | 295 |
| 2BR | $2,200 | +$5 (+0.2%) | $0 (0.0%) | $2,200 – $2,400 | 9 |
| 2BR | $2,250 | +$55 (+2.5%) | +$50 (+2.3%) | $2,250 – $2,250 | 1 |
| 3BR | $3,575 | +$763 (+27.1%) | +$979 (+37.7%) | $3,488 – $3,663 | 2 |
| 3BR | $2,600 | −$212 (-7.5%) | +$4 (+0.2%) | $2,500 – $2,862 | 31 |
| 4BR | $3,000 | +$200 (+7.1%) | +$505 (+20.2%) | $2,620 – $3,850 | 12 |
| 4BR | $3,075 | +$275 (+9.8%) | +$580 (+23.2%) | $2,721 – $3,650 | 18 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — March 2024
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,225 | −$75 (-6.1%) |
| Studio | $1,275 | $1,225 | +$50 (+4.1%) |
| 1BR | $1,675 | $1,505 | +$171 (+11.3%) |
| 1BR | $1,595 | $1,505 | +$91 (+6.0%) |
| 2BR | $2,200 | $1,900 | +$300 (+15.8%) |
| 2BR | $2,250 | $1,900 | +$350 (+18.4%) |
| 3BR | $3,575 | $2,250 | +$1,325 (+58.9%) |
| 3BR | $2,600 | $2,250 | +$350 (+15.6%) |
| 4BR | $3,000 | $2,650 | +$350 (+13.2%) |
| 4BR | $3,075 | $2,650 | +$425 (+16.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.