Monthly Rent Report
Edison Park Rent Report — June 2023
Asking rents in ZIP 60631, Chicago, from 90 listings.
Median 1BR rent in Edison Park was $1,495 in June 2023, down 33.6% (−$755) from May 2023 and up 19.6% year-over-year. The middle half of 1BR listings asked between $1,495 and $1,495. That puts Edison Park $95 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 90 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,865 | −$316 (-14.5%) | — | $1,363 – $1,913 | 7 |
| Studio | $1,300 | −$881 (-40.4%) | — | $1,300 – $1,300 | 1 |
| 1BR | $1,495 | −$755 (-33.6%) | +$245 (+19.6%) | $1,495 – $1,495 | 1 |
| 1BR | $1,475 | −$775 (-34.4%) | +$225 (+18.0%) | $1,313 – $1,533 | 14 |
| 2BR | $2,100 | +$475 (+29.2%) | −$200 (-8.7%) | $2,100 – $2,100 | 2 |
| 2BR | $1,600 | −$25 (-1.5%) | −$700 (-30.4%) | $1,563 – $2,150 | 27 |
| 3BR | $2,395 | $0 (0.0%) | $0 (0.0%) | $2,395 – $2,395 | 37 |
| 3BR | $2,795 | +$400 (+16.7%) | +$400 (+16.7%) | $2,795 – $2,795 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Edison Park vs. Chicago — June 2023
| Bedrooms | Edison Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,865 | $1,243 | +$623 (+50.1%) |
| Studio | $1,300 | $1,243 | +$58 (+4.6%) |
| 1BR | $1,495 | $1,400 | +$95 (+6.8%) |
| 1BR | $1,475 | $1,400 | +$75 (+5.4%) |
| 2BR | $2,100 | $1,700 | +$400 (+23.5%) |
| 2BR | $1,600 | $1,700 | −$100 (-5.9%) |
| 3BR | $2,395 | $2,275 | +$120 (+5.3%) |
| 3BR | $2,795 | $2,275 | +$520 (+22.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.