Monthly Rent Report
Edison Park Rent Report — March 2024
Asking rents in ZIP 60631, Chicago, from 94 listings.
Median 1BR rent in Edison Park was $1,400 in March 2024, down 12.5% (−$200) from February 2024 and up 17.2% year-over-year. The middle half of 1BR listings asked between $1,298 and $1,525. That puts Edison Park $105 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 94 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $840 | −$1,186 (-58.5%) | −$1,105 (-56.8%) | $840 – $840 | 2 |
| 1BR | $1,400 | −$200 (-12.5%) | +$205 (+17.2%) | $1,298 – $1,525 | 12 |
| 1BR | $1,395 | −$205 (-12.8%) | +$200 (+16.7%) | $1,348 – $1,500 | 11 |
| 2BR | $1,950 | +$150 (+8.3%) | +$403 (+26.0%) | $1,778 – $2,275 | 28 |
| 2BR | $1,900 | +$100 (+5.6%) | +$353 (+22.8%) | $1,900 – $1,900 | 1 |
| 3BR | $2,395 | $0 (0.0%) | $0 (0.0%) | $2,395 – $2,900 | 15 |
| 3BR | $2,395 | $0 (0.0%) | $0 (0.0%) | $2,395 – $2,395 | 23 |
| 4BR | $3,100 | $0 (0.0%) | — | $3,100 – $3,100 | 1 |
| 4BR | $3,100 | $0 (0.0%) | — | $3,100 – $3,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Edison Park vs. Chicago — March 2024
| Bedrooms | Edison Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $840 | $1,225 | −$385 (-31.4%) |
| 1BR | $1,400 | $1,505 | −$104 (-6.9%) |
| 1BR | $1,395 | $1,505 | −$109 (-7.3%) |
| 2BR | $1,950 | $1,900 | +$50 (+2.6%) |
| 2BR | $1,900 | $1,900 | $0 (0.0%) |
| 3BR | $2,395 | $2,250 | +$145 (+6.4%) |
| 3BR | $2,395 | $2,250 | +$145 (+6.4%) |
| 4BR | $3,100 | $2,650 | +$450 (+17.0%) |
| 4BR | $3,100 | $2,650 | +$450 (+17.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.