Monthly Rent Report
Edison Park Rent Report — August 2023
Asking rents in ZIP 60631, Chicago, from 18 listings.
Median 1BR rent in Edison Park was $1,300 in August 2023, down 3.7% (−$50) from July 2023 and up 4.0% year-over-year. The middle half of 1BR listings asked between $1,298 and $3,148. That puts Edison Park $220 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 18 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,300 | −$50 (-3.7%) | +$50 (+4.0%) | $1,298 – $3,148 | 3 |
| 1BR | $1,600 | +$250 (+18.5%) | +$350 (+28.0%) | $1,600 – $1,600 | 1 |
| 2BR | $2,000 | +$363 (+22.1%) | +$700 (+53.8%) | $2,000 – $2,000 | 1 |
| 2BR | $1,395 | −$242 (-14.8%) | +$95 (+7.3%) | $1,395 – $1,395 | 1 |
| 3BR | $1,995 | −$400 (-16.7%) | −$400 (-16.7%) | $1,948 – $2,148 | 3 |
| 3BR | $2,395 | $0 (0.0%) | $0 (0.0%) | $2,395 – $2,395 | 7 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Edison Park vs. Chicago — August 2023
| Bedrooms | Edison Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,300 | $1,520 | −$220 (-14.5%) |
| 1BR | $1,600 | $1,520 | +$80 (+5.3%) |
| 2BR | $2,000 | $1,808 | +$193 (+10.7%) |
| 2BR | $1,395 | $1,808 | −$412 (-22.8%) |
| 3BR | $1,995 | $2,395 | −$400 (-16.7%) |
| 3BR | $2,395 | $2,395 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.