Monthly Rent Report
Edison Park Rent Report — April 2023
Asking rents in ZIP 60631, Chicago, from 97 listings.
Median 1BR rent in Edison Park was $1,495 in April 2023, up 25.1% (+$300) from March 2023 and up 24.8% year-over-year. The middle half of 1BR listings asked between $1,495 and $1,495. That puts Edison Park $70 above the Chicago citywide 1BR median of $1,425. The month's figures are based on 97 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,794 | −$232 (-11.5%) | +$694 (+63.1%) | $1,794 – $1,794 | 2 |
| Studio | $1,794 | −$232 (-11.5%) | +$694 (+63.1%) | $1,794 – $1,794 | 2 |
| 1BR | $1,495 | +$300 (+25.1%) | +$298 (+24.8%) | $1,495 – $1,495 | 1 |
| 1BR | $1,200 | +$5 (+0.4%) | +$3 (+0.2%) | $1,180 – $1,471 | 22 |
| 2BR | $2,050 | +$503 (+32.5%) | +$750 (+57.7%) | $2,025 – $2,075 | 2 |
| 2BR | $1,665 | +$118 (+7.6%) | +$365 (+28.1%) | $1,600 – $2,400 | 21 |
| 3BR | $2,395 | $0 (0.0%) | +$420 (+21.3%) | $2,395 – $2,395 | 44 |
| 3BR | $2,100 | −$295 (-12.3%) | +$125 (+6.3%) | $2,100 – $2,100 | 1 |
| 4BR | $3,200 | — | — | $3,200 – $3,200 | 1 |
| 4BR | $3,200 | — | — | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Edison Park vs. Chicago — April 2023
| Bedrooms | Edison Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,794 | $1,195 | +$599 (+50.1%) |
| Studio | $1,794 | $1,195 | +$599 (+50.1%) |
| 1BR | $1,495 | $1,425 | +$70 (+4.9%) |
| 1BR | $1,200 | $1,425 | −$225 (-15.8%) |
| 2BR | $2,050 | $1,725 | +$325 (+18.8%) |
| 2BR | $1,665 | $1,725 | −$60 (-3.5%) |
| 3BR | $2,395 | $2,300 | +$95 (+4.1%) |
| 3BR | $2,100 | $2,300 | −$200 (-8.7%) |
| 4BR | $3,200 | $2,597 | +$603 (+23.2%) |
| 4BR | $3,200 | $2,597 | +$603 (+23.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.