Monthly Rent Report
Edison Park Rent Report — July 2024
Asking rents in ZIP 60631, Chicago, from 36 listings.
Median 1BR rent in Edison Park was $3,150 in July 2024, up 110.0% (+$1,650) from June 2024 and up 137.7% year-over-year. The middle half of 1BR listings asked between $2,225 and $4,075. That puts Edison Park $1,590 above the Chicago citywide 1BR median of $1,560. The month's figures are based on 36 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | −$826 (-40.8%) | −$826 (-40.8%) | $1,200 – $1,200 | 1 |
| 1BR | $3,150 | +$1,650 (+110.0%) | +$1,825 (+137.7%) | $2,225 – $4,075 | 2 |
| 1BR | $1,700 | +$200 (+13.3%) | +$375 (+28.3%) | $1,700 – $1,700 | 1 |
| 2BR | $1,950 | +$50 (+2.6%) | +$313 (+19.1%) | $1,800 – $2,238 | 12 |
| 2BR | $1,395 | −$505 (-26.6%) | −$242 (-14.8%) | $1,395 – $1,395 | 1 |
| 3BR | $2,395 | +$295 (+14.0%) | $0 (0.0%) | $2,395 – $2,395 | 15 |
| 3BR | $2,100 | $0 (0.0%) | −$295 (-12.3%) | $2,100 – $2,100 | 1 |
| 4BR | $3,750 | — | — | $3,325 – $3,750 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Edison Park vs. Chicago — July 2024
| Bedrooms | Edison Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,218 | −$18 (-1.5%) |
| 1BR | $3,150 | $1,560 | +$1,590 (+101.9%) |
| 1BR | $1,700 | $1,560 | +$140 (+9.0%) |
| 2BR | $1,950 | $1,805 | +$145 (+8.0%) |
| 2BR | $1,395 | $1,805 | −$410 (-22.7%) |
| 3BR | $2,395 | $2,363 | +$33 (+1.4%) |
| 3BR | $2,100 | $2,363 | −$262 (-11.1%) |
| 4BR | $3,750 | $2,789 | +$961 (+34.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.