Monthly Rent Report
Englewood Rent Report — June 2023
Asking rents in ZIP 60621, Chicago, from 202 listings.
Median 1BR rent in Englewood was $770 in June 2023, down 23.0% (−$230) from May 2023 and down 37.6% year-over-year. The middle half of 1BR listings asked between $770 and $770. That puts Englewood $630 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 202 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $770 | −$230 (-23.0%) | −$464 (-37.6%) | $770 – $770 | 1 |
| 1BR | $975 | −$25 (-2.5%) | −$259 (-21.0%) | $800 – $1,226 | 18 |
| 2BR | $1,250 | $0 (0.0%) | +$375 (+42.9%) | $1,250 – $1,250 | 1 |
| 2BR | $1,295 | +$45 (+3.6%) | +$420 (+48.0%) | $1,148 – $1,330 | 71 |
| 3BR | $1,250 | −$200 (-13.8%) | +$270 (+27.6%) | $1,150 – $1,350 | 2 |
| 3BR | $1,497 | +$47 (+3.2%) | +$517 (+52.8%) | $1,300 – $1,595 | 79 |
| 4BR | $1,725 | +$250 (+16.9%) | +$438 (+34.0%) | $1,713 – $1,738 | 2 |
| 4BR | $1,550 | +$75 (+5.1%) | +$263 (+20.4%) | $1,475 – $1,550 | 19 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Englewood vs. Chicago — June 2023
| Bedrooms | Englewood Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $770 | $1,400 | −$630 (-45.0%) |
| 1BR | $975 | $1,400 | −$425 (-30.4%) |
| 2BR | $1,250 | $1,700 | −$450 (-26.5%) |
| 2BR | $1,295 | $1,700 | −$405 (-23.8%) |
| 3BR | $1,250 | $2,275 | −$1,025 (-45.1%) |
| 3BR | $1,497 | $2,275 | −$778 (-34.2%) |
| 4BR | $1,725 | $2,500 | −$775 (-31.0%) |
| 4BR | $1,550 | $2,500 | −$950 (-38.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.