Monthly Rent Report
Englewood Rent Report — August 2023
Asking rents in ZIP 60621, Chicago, from 54 listings.
Median 1BR rent in Englewood was $1,300 in August 2023, up 30.0% (+$300) from July 2023 and up 5.3% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,300. That puts Englewood $220 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 54 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $850 | — | — | $850 – $850 | 2 |
| Studio | $850 | — | — | $850 – $850 | 2 |
| 1BR | $1,300 | +$300 (+30.0%) | +$66 (+5.3%) | $1,300 – $1,300 | 3 |
| 1BR | $1,050 | +$50 (+5.0%) | −$184 (-14.9%) | $1,050 – $1,050 | 1 |
| 2BR | $1,335 | +$40 (+3.1%) | +$85 (+6.8%) | $1,335 – $1,335 | 1 |
| 2BR | $1,324 | +$29 (+2.2%) | +$74 (+5.9%) | $1,100 – $1,500 | 16 |
| 3BR | $1,500 | −$95 (-6.0%) | +$50 (+3.4%) | $1,500 – $1,500 | 1 |
| 3BR | $1,600 | +$5 (+0.3%) | +$150 (+10.3%) | $1,400 – $2,000 | 19 |
| 4BR | $1,375 | −$175 (-11.3%) | −$325 (-19.1%) | $1,375 – $1,375 | 1 |
| 4BR | $1,500 | −$50 (-3.2%) | −$200 (-11.8%) | $1,450 – $1,650 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Englewood vs. Chicago — August 2023
| Bedrooms | Englewood Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $850 | $1,250 | −$400 (-32.0%) |
| Studio | $850 | $1,250 | −$400 (-32.0%) |
| 1BR | $1,300 | $1,520 | −$220 (-14.5%) |
| 1BR | $1,050 | $1,520 | −$470 (-30.9%) |
| 2BR | $1,335 | $1,808 | −$472 (-26.1%) |
| 2BR | $1,324 | $1,808 | −$483 (-26.7%) |
| 3BR | $1,500 | $2,395 | −$895 (-37.4%) |
| 3BR | $1,600 | $2,395 | −$795 (-33.2%) |
| 4BR | $1,375 | $2,692 | −$1,317 (-48.9%) |
| 4BR | $1,500 | $2,692 | −$1,192 (-44.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.