Monthly Rent Report
Englewood Rent Report — October 2023
Asking rents in ZIP 60621, Chicago, from 87 listings.
Median 1BR rent in Englewood was $998 in October 2023, down 16.9% (−$202) from September 2023 and up 9.1% year-over-year. The middle half of 1BR listings asked between $846 and $1,149. That puts Englewood $478 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 87 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $858 | — | — | $686 – $1,029 | 2 |
| Studio | $1,200 | — | — | $1,200 – $1,200 | 1 |
| 1BR | $998 | −$202 (-16.9%) | +$84 (+9.1%) | $846 – $1,149 | 2 |
| 1BR | $900 | −$300 (-25.0%) | −$14 (-1.5%) | $900 – $900 | 1 |
| 2BR | $1,100 | +$120 (+12.2%) | −$161 (-12.8%) | $1,100 – $1,250 | 18 |
| 2BR | $1,679 | +$699 (+71.3%) | +$418 (+33.1%) | $1,679 – $1,679 | 1 |
| 3BR | $1,200 | −$395 (-24.8%) | −$461 (-27.8%) | $1,200 – $1,200 | 1 |
| 3BR | $1,550 | −$45 (-2.8%) | −$111 (-6.7%) | $1,550 – $1,550 | 1 |
| 4BR | $1,500 | $0 (0.0%) | −$250 (-14.3%) | $1,450 – $1,575 | 28 |
| 4BR | $1,450 | −$50 (-3.3%) | −$300 (-17.1%) | $1,356 – $1,500 | 12 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Englewood vs. Chicago — October 2023
| Bedrooms | Englewood Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $858 | $1,200 | −$342 (-28.5%) |
| Studio | $1,200 | $1,200 | $0 (0.0%) |
| 1BR | $998 | $1,475 | −$477 (-32.4%) |
| 1BR | $900 | $1,475 | −$575 (-39.0%) |
| 2BR | $1,100 | $1,800 | −$700 (-38.9%) |
| 2BR | $1,679 | $1,800 | −$121 (-6.7%) |
| 3BR | $1,200 | $2,450 | −$1,250 (-51.0%) |
| 3BR | $1,550 | $2,450 | −$900 (-36.7%) |
| 4BR | $1,500 | $2,575 | −$1,075 (-41.7%) |
| 4BR | $1,450 | $2,575 | −$1,125 (-43.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.