Monthly Rent Report
Edison Park Rent Report — March 2023
Asking rents in ZIP 60631, Chicago, from 150 listings.
Median 1BR rent in Edison Park was $1,295 in March 2023, up 3.8% (+$48) from February 2023 and up 4.0% year-over-year. The middle half of 1BR listings asked between $1,195 and $1,298. That puts Edison Park $101 below the Chicago citywide 1BR median of $1,396. The month's figures are based on 150 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,026 | +$169 (+9.1%) | +$1,126 (+125.1%) | $1,865 – $2,026 | 11 |
| Studio | $1,946 | +$88 (+4.7%) | +$1,046 (+116.2%) | $1,865 – $2,026 | 14 |
| 1BR | $1,295 | +$48 (+3.8%) | +$50 (+4.0%) | $1,195 – $1,298 | 27 |
| 1BR | $1,195 | −$52 (-4.2%) | −$50 (-4.0%) | $1,195 – $1,195 | 1 |
| 2BR | $2,250 | +$650 (+40.6%) | +$800 (+55.2%) | $2,250 – $2,250 | 1 |
| 2BR | $1,548 | −$52 (-3.3%) | +$98 (+6.7%) | $1,450 – $1,916 | 28 |
| 3BR | $2,395 | $0 (0.0%) | +$295 (+14.0%) | $2,395 – $2,395 | 58 |
| 3BR | $2,395 | $0 (0.0%) | +$295 (+14.0%) | $2,395 – $2,470 | 10 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Edison Park vs. Chicago — March 2023
| Bedrooms | Edison Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,026 | $1,204 | +$822 (+68.3%) |
| Studio | $1,946 | $1,204 | +$742 (+61.6%) |
| 1BR | $1,295 | $1,396 | −$101 (-7.3%) |
| 1BR | $1,195 | $1,396 | −$201 (-14.4%) |
| 2BR | $2,250 | $1,698 | +$553 (+32.5%) |
| 2BR | $1,548 | $1,698 | −$150 (-8.8%) |
| 3BR | $2,395 | $2,200 | +$195 (+8.9%) |
| 3BR | $2,395 | $2,200 | +$195 (+8.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.