Monthly Rent Report
Edison Park Rent Report — July 2023
Asking rents in ZIP 60631, Chicago, from 49 listings.
Median 1BR rent in Edison Park was $1,350 in July 2023, down 8.5% (−$125) from June 2023 and up 6.9% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts Edison Park $100 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 49 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,026 | +$726 (+55.8%) | +$971 (+92.0%) | $2,026 – $2,026 | 1 |
| Studio | $1,000 | −$300 (-23.1%) | −$55 (-5.2%) | $1,000 – $1,000 | 1 |
| 1BR | $1,350 | −$125 (-8.5%) | +$88 (+6.9%) | $1,350 – $1,350 | 1 |
| 1BR | $1,325 | −$150 (-10.2%) | +$63 (+5.0%) | $1,295 – $1,384 | 14 |
| 2BR | $1,800 | +$200 (+12.5%) | +$145 (+8.8%) | $1,725 – $1,850 | 3 |
| 2BR | $1,638 | +$38 (+2.3%) | −$17 (-1.1%) | $1,631 – $1,644 | 2 |
| 3BR | $2,395 | −$400 (-14.3%) | $0 (0.0%) | $2,395 – $2,395 | 16 |
| 3BR | $2,395 | −$400 (-14.3%) | $0 (0.0%) | $2,395 – $2,395 | 11 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Edison Park vs. Chicago — July 2023
| Bedrooms | Edison Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,026 | $1,200 | +$826 (+68.8%) |
| Studio | $1,000 | $1,200 | −$200 (-16.7%) |
| 1BR | $1,350 | $1,450 | −$100 (-6.9%) |
| 1BR | $1,325 | $1,450 | −$125 (-8.6%) |
| 2BR | $1,800 | $1,795 | +$5 (+0.3%) |
| 2BR | $1,638 | $1,795 | −$157 (-8.8%) |
| 3BR | $2,395 | $2,273 | +$123 (+5.4%) |
| 3BR | $2,395 | $2,273 | +$123 (+5.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.