Monthly Rent Report

Englewood Rent Report — September 2023

Asking rents in ZIP 60621, Chicago, from 50 listings.

Median 1BR rent in Englewood was $695 in September 2023, down 33.8% (−$355) from August 2023 and down 43.7% year-over-year. The middle half of 1BR listings asked between $695 and $853. That puts Englewood $755 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 50 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2023Vs. September 2022P25–P75 RangeListings
1BR$695−$355 (-33.8%)−$539 (-43.7%)$695 – $8537
1BR$1,200+$150 (+14.3%)−$34 (-2.8%)$1,200 – $1,2002
2BR$980−$344 (-26.0%)−$120 (-10.9%)$875 – $1,20013
2BR$875−$449 (-33.9%)−$225 (-20.5%)$875 – $8751
3BR$1,595−$5 (-0.3%)−$5 (-0.3%)$1,513 – $1,59514
3BR$1,300−$300 (-18.8%)−$300 (-18.8%)$1,300 – $1,3001
4BR$1,500$0 (0.0%)−$100 (-6.3%)$1,500 – $1,5007
4BR$1,500$0 (0.0%)−$100 (-6.3%)$1,500 – $1,5003

Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.

Englewood vs. ChicagoSeptember 2023

BedroomsEnglewood MedianChicago Citywide MedianDifference
1BR$695$1,450−$755 (-52.1%)
1BR$1,200$1,450−$250 (-17.2%)
2BR$980$1,738−$757 (-43.6%)
2BR$875$1,738−$862 (-49.6%)
3BR$1,595$2,327−$732 (-31.5%)
3BR$1,300$2,327−$1,027 (-44.1%)
4BR$1,500$2,783−$1,283 (-46.1%)
4BR$1,500$2,783−$1,283 (-46.1%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.

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