Monthly Rent Report

Edison Park Rent Report — October 2023

Asking rents in ZIP 60631, Chicago, from 55 listings.

Median 1BR rent in Edison Park was $4,000 in October 2023, up 122.8% (+$2,205) from September 2023 and up 166.7% year-over-year. The middle half of 1BR listings asked between $4,000 and $4,000. That puts Edison Park $2,525 above the Chicago citywide 1BR median of $1,475. The month's figures are based on 55 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2023Vs. October 2022P25–P75 RangeListings
Studio$800$800 – $8004
1BR$4,000+$2,205 (+122.8%)+$2,500 (+166.7%)$4,000 – $4,0001
1BR$1,750−$45 (-2.5%)+$250 (+16.7%)$1,350 – $3,3737
2BR$1,975−$125 (-6.0%)+$975 (+97.5%)$1,838 – $2,1132
2BR$1,800−$300 (-14.3%)+$800 (+80.0%)$1,750 – $2,27519
3BR$2,395+$395 (+19.8%)$0 (0.0%)$2,395 – $2,39522

Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.

Edison Park vs. ChicagoOctober 2023

BedroomsEdison Park MedianChicago Citywide MedianDifference
Studio$800$1,200−$400 (-33.3%)
1BR$4,000$1,475+$2,525 (+171.2%)
1BR$1,750$1,475+$275 (+18.6%)
2BR$1,975$1,800+$175 (+9.7%)
2BR$1,800$1,800$0 (0.0%)
3BR$2,395$2,450−$55 (-2.2%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.

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