Monthly Rent Report
Englewood Rent Report — February 2023
Asking rents in ZIP 60621, Chicago, from 470 listings.
Median 1BR rent in Englewood was $1,000 in February 2023, up 28.2% (+$220) from January 2023 and up 11.1% year-over-year. The middle half of 1BR listings asked between $838 and $1,050. That puts Englewood $400 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 470 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $850 | — | +$25 (+3.0%) | $850 – $850 | 5 |
| Studio | $875 | — | +$50 (+6.1%) | $875 – $875 | 1 |
| 1BR | $1,000 | +$220 (+28.2%) | +$100 (+11.1%) | $838 – $1,050 | 36 |
| 1BR | $1,000 | +$220 (+28.2%) | +$100 (+11.1%) | $1,000 – $1,000 | 1 |
| 2BR | $945 | −$205 (-17.8%) | −$330 (-25.9%) | $945 – $945 | 1 |
| 2BR | $1,250 | +$100 (+8.7%) | −$25 (-2.0%) | $1,192 – $1,335 | 219 |
| 3BR | $1,355 | +$5 (+0.4%) | −$120 (-8.1%) | $1,300 – $1,500 | 161 |
| 3BR | $1,600 | +$250 (+18.5%) | +$125 (+8.5%) | $1,600 – $1,600 | 1 |
| 4BR | $1,475 | +$125 (+9.3%) | −$175 (-10.6%) | $1,450 – $1,500 | 29 |
| 4BR | $1,450 | +$100 (+7.4%) | −$200 (-12.1%) | $1,450 – $1,450 | 7 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Englewood vs. Chicago — February 2023
| Bedrooms | Englewood Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $850 | $1,149 | −$299 (-26.0%) |
| Studio | $875 | $1,149 | −$274 (-23.8%) |
| 1BR | $1,000 | $1,400 | −$400 (-28.6%) |
| 1BR | $1,000 | $1,400 | −$400 (-28.6%) |
| 2BR | $945 | $1,695 | −$750 (-44.2%) |
| 2BR | $1,250 | $1,695 | −$445 (-26.3%) |
| 3BR | $1,355 | $2,188 | −$832 (-38.1%) |
| 3BR | $1,600 | $2,188 | −$587 (-26.9%) |
| 4BR | $1,475 | $2,393 | −$917 (-38.3%) |
| 4BR | $1,450 | $2,393 | −$942 (-39.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.