Monthly Rent Report
Edison Park Rent Report — December 2023
Asking rents in ZIP 60631, Chicago, from 30 listings.
Median 1BR rent in Edison Park was $1,700 in December 2023, up 17.6% (+$255) from November 2023 and up 47.8% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,750. That puts Edison Park $245 above the Chicago citywide 1BR median of $1,455. The month's figures are based on 30 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,700 | +$255 (+17.6%) | +$550 (+47.8%) | $1,650 – $1,750 | 2 |
| 1BR | $4,995 | +$3,550 (+245.7%) | +$3,845 (+334.3%) | $1,600 – $4,995 | 5 |
| 2BR | $1,900 | −$225 (-10.6%) | +$500 (+35.7%) | $1,900 – $1,900 | 1 |
| 2BR | $4,250 | +$2,125 (+100.0%) | +$2,850 (+203.6%) | $3,450 – $4,500 | 4 |
| 3BR | $2,395 | $0 (0.0%) | $0 (0.0%) | $2,100 – $2,395 | 17 |
| 3BR | $2,100 | −$295 (-12.3%) | −$295 (-12.3%) | $2,100 – $2,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Edison Park vs. Chicago — December 2023
| Bedrooms | Edison Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,700 | $1,455 | +$245 (+16.8%) |
| 1BR | $4,995 | $1,455 | +$3,540 (+243.3%) |
| 2BR | $1,900 | $1,800 | +$100 (+5.6%) |
| 2BR | $4,250 | $1,800 | +$2,450 (+136.1%) |
| 3BR | $2,395 | $2,472 | −$77 (-3.1%) |
| 3BR | $2,100 | $2,472 | −$372 (-15.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.