Monthly Rent Report

Edgewater Rent Report — April 2024

Asking rents in ZIP 60660, Chicago, from 806 listings.

Median 1BR rent in Edgewater was $1,600 in April 2024, up 0.3% (+$5) from March 2024 and down 20.0% year-over-year. The middle half of 1BR listings asked between $1,395 and $1,850. That puts Edgewater $100 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 806 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2024Vs. April 2023P25–P75 RangeListings
Studio$1,133−$142 (-11.1%)+$33 (+3.0%)$1,045 – $1,295168
Studio$1,295+$20 (+1.6%)+$195 (+17.7%)$1,290 – $1,3004
1BR$1,600+$5 (+0.3%)−$400 (-20.0%)$1,395 – $1,850339
1BR$1,675+$80 (+5.0%)−$325 (-16.3%)$1,625 – $1,6794
2BR$2,200$0 (0.0%)+$100 (+4.8%)$1,900 – $2,550197
2BR$1,950−$250 (-11.4%)−$150 (-7.1%)$1,950 – $1,9501
3BR$3,000+$400 (+15.4%)+$400 (+15.4%)$2,550 – $3,23049
3BR$2,550−$50 (-1.9%)−$50 (-1.9%)$2,550 – $2,5501
4BR$3,800+$725 (+23.6%)+$330 (+9.5%)$2,950 – $4,00017
4BR$3,895+$820 (+26.7%)+$425 (+12.2%)$2,850 – $4,00026

Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.

Edgewater vs. ChicagoApril 2024

BedroomsEdgewater MedianChicago Citywide MedianDifference
Studio$1,133$1,222−$89 (-7.3%)
Studio$1,295$1,222+$73 (+6.0%)
1BR$1,600$1,500+$100 (+6.7%)
1BR$1,675$1,500+$175 (+11.7%)
2BR$2,200$1,850+$350 (+18.9%)
2BR$1,950$1,850+$100 (+5.4%)
3BR$3,000$2,300+$700 (+30.4%)
3BR$2,550$2,300+$250 (+10.9%)
4BR$3,800$2,800+$1,000 (+35.7%)
4BR$3,895$2,800+$1,095 (+39.1%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.

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