Monthly Rent Report
Edgewater Rent Report — September 2024
Asking rents in ZIP 60660, Chicago, from 40 listings.
Median 1BR rent in Edgewater was $2,000 in September 2024, up 13.6% (+$240) from August 2024 and up 53.8% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,050. That puts Edgewater $505 above the Chicago citywide 1BR median of $1,495. The month's figures are based on 40 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,368 | +$43 (+3.2%) | +$155 (+12.8%) | $1,309 – $1,385 | 6 |
| 1BR | $2,000 | +$240 (+13.6%) | +$700 (+53.8%) | $2,000 – $2,050 | 3 |
| 1BR | $1,785 | +$25 (+1.4%) | +$485 (+37.3%) | $1,675 – $1,899 | 6 |
| 2BR | $2,200 | +$250 (+12.8%) | +$100 (+4.8%) | $2,200 – $2,200 | 1 |
| 2BR | $2,195 | +$245 (+12.6%) | +$95 (+4.5%) | $2,150 – $2,195 | 5 |
| 3BR | $2,350 | +$150 (+6.8%) | −$270 (-10.3%) | $2,350 – $2,350 | 1 |
| 4BR | $3,500 | −$300 (-7.9%) | +$505 (+16.9%) | $3,400 – $3,650 | 18 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Edgewater vs. Chicago — September 2024
| Bedrooms | Edgewater Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,368 | $1,195 | +$173 (+14.4%) |
| 1BR | $2,000 | $1,495 | +$505 (+33.8%) |
| 1BR | $1,785 | $1,495 | +$290 (+19.4%) |
| 2BR | $2,200 | $1,843 | +$358 (+19.4%) |
| 2BR | $2,195 | $1,843 | +$353 (+19.1%) |
| 3BR | $2,350 | $2,350 | $0 (0.0%) |
| 4BR | $3,500 | $2,750 | +$750 (+27.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.