Monthly Rent Report
Edgewater Rent Report — July 2024
Asking rents in ZIP 60660, Chicago, from 441 listings.
Median 1BR rent in Edgewater was $1,630 in July 2024, down 1.2% (−$20) from June 2024 and up 2.0% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,886. That puts Edgewater $70 above the Chicago citywide 1BR median of $1,560. The month's figures are based on 441 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,310 | +$15 (+1.2%) | +$285 (+27.8%) | $1,215 – $1,325 | 4 |
| Studio | $1,260 | −$35 (-2.7%) | +$235 (+22.9%) | $1,150 – $1,365 | 157 |
| 1BR | $1,630 | −$20 (-1.2%) | +$33 (+2.0%) | $1,400 – $1,886 | 221 |
| 1BR | $1,538 | −$112 (-6.8%) | −$60 (-3.8%) | $1,450 – $1,718 | 4 |
| 2BR | $2,500 | +$300 (+13.6%) | +$347 (+16.1%) | $2,500 – $2,500 | 1 |
| 2BR | $2,050 | −$150 (-6.8%) | −$103 (-4.8%) | $2,023 – $2,075 | 3 |
| 3BR | $3,100 | +$100 (+3.3%) | +$400 (+14.8%) | $2,500 – $3,372 | 37 |
| 3BR | $3,350 | +$350 (+11.7%) | +$650 (+24.1%) | $3,350 – $3,350 | 1 |
| 4BR | $2,995 | +$45 (+1.5%) | −$1,005 (-25.1%) | $2,995 – $3,725 | 10 |
| 4BR | $3,750 | +$800 (+27.1%) | −$250 (-6.3%) | $3,750 – $3,750 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — July 2024
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,310 | $1,218 | +$92 (+7.5%) |
| Studio | $1,260 | $1,218 | +$42 (+3.4%) |
| 1BR | $1,630 | $1,560 | +$70 (+4.5%) |
| 1BR | $1,538 | $1,560 | −$22 (-1.4%) |
| 2BR | $2,500 | $1,805 | +$695 (+38.5%) |
| 2BR | $2,050 | $1,805 | +$245 (+13.6%) |
| 3BR | $3,100 | $2,363 | +$738 (+31.2%) |
| 3BR | $3,350 | $2,363 | +$988 (+41.8%) |
| 4BR | $2,995 | $2,789 | +$206 (+7.4%) |
| 4BR | $3,750 | $2,789 | +$961 (+34.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.