Monthly Rent Report
Englewood Rent Report — January 2023
Asking rents in ZIP 60621, Chicago, from 170 listings.
Median 1BR rent in Englewood was $780 in January 2023, down 22.0% (−$220) from December 2022 and down 26.9% year-over-year. The middle half of 1BR listings asked between $780 and $780. That puts Englewood $570 below the Chicago citywide 1BR median of $1,350. The month's figures are based on 170 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $780 | −$220 (-22.0%) | −$287 (-26.9%) | $780 – $780 | 1 |
| 1BR | $800 | −$200 (-20.0%) | −$267 (-25.0%) | $800 – $950 | 13 |
| 2BR | $1,150 | −$100 (-8.0%) | −$50 (-4.2%) | $1,050 – $1,295 | 63 |
| 2BR | $1,250 | $0 (0.0%) | +$50 (+4.2%) | $1,250 – $1,250 | 1 |
| 3BR | $1,350 | $0 (0.0%) | −$100 (-6.9%) | $1,300 – $1,500 | 74 |
| 3BR | $1,300 | −$50 (-3.7%) | −$150 (-10.3%) | $1,300 – $1,300 | 2 |
| 4BR | $1,450 | −$75 (-4.9%) | −$150 (-9.4%) | $1,350 – $1,650 | 13 |
| 4BR | $1,350 | −$175 (-11.5%) | −$250 (-15.6%) | $1,350 – $1,350 | 3 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Englewood vs. Chicago — January 2023
| Bedrooms | Englewood Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $780 | $1,350 | −$570 (-42.2%) |
| 1BR | $800 | $1,350 | −$550 (-40.7%) |
| 2BR | $1,150 | $1,698 | −$547 (-32.3%) |
| 2BR | $1,250 | $1,698 | −$447 (-26.4%) |
| 3BR | $1,350 | $2,123 | −$772 (-36.4%) |
| 3BR | $1,300 | $2,123 | −$822 (-38.8%) |
| 4BR | $1,450 | $2,417 | −$966 (-40.0%) |
| 4BR | $1,350 | $2,417 | −$1,066 (-44.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.