Monthly Rent Report
Edgewater Rent Report — August 2024
Asking rents in ZIP 60660, Chicago, from 35 listings.
Median 1BR rent in Edgewater was $1,760 in August 2024, up 8.0% (+$130) from July 2024 and up 21.4% year-over-year. The middle half of 1BR listings asked between $1,568 and $1,909. That puts Edgewater $222 above the Chicago citywide 1BR median of $1,538. The month's figures are based on 35 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,325 | +$65 (+5.2%) | +$150 (+12.8%) | $1,315 – $1,350 | 5 |
| 1BR | $1,760 | +$130 (+8.0%) | +$310 (+21.4%) | $1,568 – $1,909 | 4 |
| 1BR | $2,217 | +$587 (+36.0%) | +$767 (+52.9%) | $2,217 – $2,217 | 1 |
| 2BR | $2,165 | +$115 (+5.6%) | −$10 (-0.5%) | $1,995 – $2,423 | 13 |
| 2BR | $1,950 | −$100 (-4.9%) | −$225 (-10.3%) | $1,950 – $1,950 | 6 |
| 3BR | $3,000 | −$350 (-10.4%) | +$5 (+0.2%) | $3,000 – $3,000 | 1 |
| 3BR | $2,200 | −$1,150 (-34.3%) | −$795 (-26.5%) | $2,200 – $2,348 | 3 |
| 4BR | $3,800 | +$50 (+1.3%) | +$300 (+8.6%) | $3,800 – $3,800 | 1 |
| 4BR | $3,800 | +$50 (+1.3%) | +$300 (+8.6%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — August 2024
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,325 | $1,190 | +$135 (+11.3%) |
| 1BR | $1,760 | $1,538 | +$222 (+14.4%) |
| 1BR | $2,217 | $1,538 | +$679 (+44.1%) |
| 2BR | $2,165 | $1,823 | +$343 (+18.8%) |
| 2BR | $1,950 | $1,823 | +$128 (+7.0%) |
| 3BR | $3,000 | $2,300 | +$700 (+30.4%) |
| 3BR | $2,200 | $2,300 | −$100 (-4.3%) |
| 4BR | $3,800 | $2,995 | +$805 (+26.9%) |
| 4BR | $3,800 | $2,995 | +$805 (+26.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.