Monthly Rent Report
Edison Park Rent Report — April 2024
Asking rents in ZIP 60631, Chicago, from 86 listings.
Median 1BR rent in Edison Park was $1,500 in April 2024, up 7.1% (+$100) from March 2024 and up 25.0% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,500. That puts Edison Park in line with the Chicago citywide 1BR median of $1,500. The month's figures are based on 86 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,026 | +$1,186 (+141.2%) | +$232 (+12.9%) | $2,026 – $2,026 | 1 |
| Studio | $2,026 | +$1,186 (+141.2%) | +$232 (+12.9%) | $2,026 – $2,026 | 3 |
| 1BR | $1,500 | +$100 (+7.1%) | +$300 (+25.0%) | $1,300 – $1,500 | 21 |
| 1BR | $1,600 | +$200 (+14.3%) | +$400 (+33.3%) | $1,600 – $1,600 | 1 |
| 2BR | $1,800 | −$100 (-5.3%) | −$250 (-12.2%) | $1,795 – $2,050 | 39 |
| 2BR | $2,050 | +$150 (+7.9%) | $0 (0.0%) | $2,050 – $2,050 | 1 |
| 3BR | $2,395 | $0 (0.0%) | +$295 (+14.0%) | $2,395 – $2,395 | 19 |
| 3BR | $2,100 | −$295 (-12.3%) | $0 (0.0%) | $2,100 – $2,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Edison Park vs. Chicago — April 2024
| Bedrooms | Edison Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,026 | $1,222 | +$804 (+65.8%) |
| Studio | $2,026 | $1,222 | +$804 (+65.8%) |
| 1BR | $1,500 | $1,500 | $0 (0.0%) |
| 1BR | $1,600 | $1,500 | +$100 (+6.7%) |
| 2BR | $1,800 | $1,850 | −$50 (-2.7%) |
| 2BR | $2,050 | $1,850 | +$200 (+10.8%) |
| 3BR | $2,395 | $2,300 | +$95 (+4.1%) |
| 3BR | $2,100 | $2,300 | −$200 (-8.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.