Monthly Rent Report
Englewood Rent Report — March 2023
Asking rents in ZIP 60621, Chicago, from 348 listings.
Median 1BR rent in Englewood was $850 in March 2023, down 15.0% (−$150) from February 2023. The middle half of 1BR listings asked between $850 and $850. That puts Englewood $546 below the Chicago citywide 1BR median of $1,396. The month's figures are based on 348 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $850 | −$150 (-15.0%) | — | $850 – $850 | 1 |
| 1BR | $1,100 | +$100 (+10.0%) | — | $997 – $1,234 | 38 |
| 2BR | $1,250 | $0 (0.0%) | +$83 (+7.1%) | $1,023 – $1,299 | 146 |
| 2BR | $915 | −$335 (-26.8%) | −$252 (-21.6%) | $915 – $915 | 1 |
| 3BR | $1,497 | +$142 (+10.5%) | −$158 (-9.5%) | $1,497 – $1,497 | 1 |
| 3BR | $1,300 | −$55 (-4.1%) | −$355 (-21.5%) | $1,200 – $1,499 | 131 |
| 4BR | $1,475 | $0 (0.0%) | −$325 (-18.1%) | $1,350 – $1,550 | 23 |
| 4BR | $2,172 | +$697 (+47.3%) | +$372 (+20.7%) | $2,172 – $2,172 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Englewood vs. Chicago — March 2023
| Bedrooms | Englewood Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $850 | $1,396 | −$546 (-39.1%) |
| 1BR | $1,100 | $1,396 | −$296 (-21.2%) |
| 2BR | $1,250 | $1,698 | −$447 (-26.4%) |
| 2BR | $915 | $1,698 | −$782 (-46.1%) |
| 3BR | $1,497 | $2,200 | −$703 (-32.0%) |
| 3BR | $1,300 | $2,200 | −$900 (-40.9%) |
| 4BR | $1,475 | $2,444 | −$969 (-39.6%) |
| 4BR | $2,172 | $2,444 | −$272 (-11.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.