Monthly Rent Report

Englewood Rent Report — December 2022

Asking rents in ZIP 60621, Chicago, from 96 listings.

Median 1BR rent in Englewood was $790 in December 2022, down 36.0% (−$444) from November 2022 and down 21.0% year-over-year. The middle half of 1BR listings asked between $790 and $790. That puts Englewood $555 below the Chicago citywide 1BR median of $1,345. The month's figures are based on 96 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2022Vs. December 2021P25–P75 RangeListings
1BR$790−$444 (-36.0%)−$210 (-21.0%)$790 – $7901
1BR$1,000−$234 (-19.0%)$0 (0.0%)$950 – $1,00017
2BR$1,000−$234 (-19.0%)−$149 (-13.0%)$950 – $1,0502
2BR$1,250+$16 (+1.3%)+$101 (+8.8%)$1,150 – $1,25031
3BR$1,350+$50 (+3.8%)+$150 (+12.5%)$1,350 – $1,3501
3BR$1,350+$50 (+3.8%)+$150 (+12.5%)$1,300 – $1,50033
4BR$1,525−$125 (-7.6%)−$125 (-7.6%)$1,450 – $1,6004
4BR$1,525−$125 (-7.6%)−$125 (-7.6%)$1,488 – $1,5632

Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.

Englewood vs. ChicagoDecember 2022

BedroomsEnglewood MedianChicago Citywide MedianDifference
1BR$790$1,345−$555 (-41.3%)
1BR$1,000$1,345−$345 (-25.7%)
2BR$1,000$1,675−$675 (-40.3%)
2BR$1,250$1,675−$425 (-25.4%)
3BR$1,350$2,181−$831 (-38.1%)
3BR$1,350$2,181−$831 (-38.1%)
4BR$1,525$2,589−$1,064 (-41.1%)
4BR$1,525$2,589−$1,064 (-41.1%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2022.

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