Monthly Rent Report
Englewood Rent Report — May 2023
Asking rents in ZIP 60621, Chicago, from 249 listings.
Median 1BR rent in Englewood was $1,000 in May 2023, flat versus April 2023 and down 19.0% year-over-year. The middle half of 1BR listings asked between $996 and $1,200. That puts Englewood $400 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 249 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,000 | $0 (0.0%) | −$234 (-19.0%) | $996 – $1,200 | 23 |
| 1BR | $1,050 | +$50 (+5.0%) | −$184 (-14.9%) | $950 – $1,134 | 4 |
| 2BR | $970 | −$30 (-3.0%) | −$80 (-7.6%) | $970 – $970 | 1 |
| 2BR | $1,250 | +$250 (+25.0%) | +$200 (+19.0%) | $1,185 – $1,300 | 101 |
| 3BR | $1,497 | +$297 (+24.8%) | +$297 (+24.8%) | $1,275 – $1,595 | 91 |
| 3BR | $1,450 | +$250 (+20.8%) | +$250 (+20.8%) | $1,425 – $1,475 | 2 |
| 4BR | $1,725 | +$175 (+11.3%) | +$300 (+21.1%) | $1,725 – $1,725 | 1 |
| 4BR | $1,475 | −$75 (-4.8%) | +$50 (+3.5%) | $1,475 – $1,550 | 17 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Englewood vs. Chicago — May 2023
| Bedrooms | Englewood Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,000 | $1,400 | −$400 (-28.6%) |
| 1BR | $1,050 | $1,400 | −$350 (-25.0%) |
| 2BR | $970 | $1,698 | −$727 (-42.9%) |
| 2BR | $1,250 | $1,698 | −$447 (-26.4%) |
| 3BR | $1,497 | $2,300 | −$803 (-34.9%) |
| 3BR | $1,450 | $2,300 | −$850 (-37.0%) |
| 4BR | $1,725 | $2,548 | −$822 (-32.3%) |
| 4BR | $1,475 | $2,548 | −$1,072 (-42.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.