Monthly Rent Report
Edison Park Rent Report — May 2024
Asking rents in ZIP 60631, Chicago, from 91 listings.
Median 1BR rent in Edison Park was $1,500 in May 2024, flat versus April 2024 and up 7.1% year-over-year. The middle half of 1BR listings asked between $1,395 and $1,950. That puts Edison Park in line with the Chicago citywide 1BR median of $1,503. The month's figures are based on 91 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,500 | $0 (0.0%) | +$100 (+7.1%) | $1,395 – $1,950 | 9 |
| 1BR | $1,500 | $0 (0.0%) | +$100 (+7.1%) | $1,395 – $1,950 | 9 |
| 2BR | $1,800 | −$250 (-12.2%) | +$100 (+5.9%) | $1,800 – $2,475 | 34 |
| 2BR | $1,800 | −$250 (-12.2%) | +$100 (+5.9%) | $1,800 – $1,800 | 1 |
| 3BR | $2,395 | +$295 (+14.0%) | $0 (0.0%) | $2,395 – $2,395 | 30 |
| 3BR | $2,250 | +$150 (+7.1%) | −$145 (-6.1%) | $2,250 – $2,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Edison Park vs. Chicago — May 2024
| Bedrooms | Edison Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,500 | $1,503 | −$2 (-0.2%) |
| 1BR | $1,500 | $1,503 | −$2 (-0.2%) |
| 2BR | $1,800 | $1,825 | −$25 (-1.4%) |
| 2BR | $1,800 | $1,825 | −$25 (-1.4%) |
| 3BR | $2,395 | $2,236 | +$159 (+7.1%) |
| 3BR | $2,250 | $2,236 | +$14 (+0.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.