Monthly Rent Report

Englewood Rent Report — November 2023

Asking rents in ZIP 60621, Chicago, from 145 listings.

Median 1BR rent in Englewood was $948 in November 2023, down 5.0% (−$50) from October 2023 and down 23.2% year-over-year. The middle half of 1BR listings asked between $821 and $1,074. That puts Englewood $556 below the Chicago citywide 1BR median of $1,504. The month's figures are based on 145 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2023Vs. November 2022P25–P75 RangeListings
Studio$1,000+$143 (+16.6%)$515 – $1,0005
Studio$1,000+$143 (+16.6%)$515 – $1,0005
1BR$948−$50 (-5.0%)−$286 (-23.2%)$821 – $1,0742
1BR$1,100+$103 (+10.3%)−$134 (-10.9%)$984 – $1,20048
2BR$1,570+$470 (+42.7%)+$336 (+27.2%)$1,200 – $1,67916
2BR$1,375+$275 (+25.0%)+$141 (+11.4%)$1,375 – $1,3751
3BR$1,275−$275 (-17.7%)−$25 (-1.9%)$1,238 – $1,3132
3BR$1,550$0 (0.0%)+$250 (+19.2%)$1,550 – $1,5501
4BR$1,450$0 (0.0%)−$150 (-9.4%)$1,375 – $1,85860
4BR$1,800+$350 (+24.1%)+$200 (+12.5%)$1,800 – $1,8001

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

Englewood vs. ChicagoNovember 2023

BedroomsEnglewood MedianChicago Citywide MedianDifference
Studio$1,000$1,160−$160 (-13.8%)
Studio$1,000$1,160−$160 (-13.8%)
1BR$948$1,504−$556 (-37.0%)
1BR$1,100$1,504−$403 (-26.8%)
2BR$1,570$1,800−$230 (-12.8%)
2BR$1,375$1,800−$425 (-23.6%)
3BR$1,275$2,298−$1,022 (-44.5%)
3BR$1,550$2,298−$747 (-32.5%)
4BR$1,450$2,750−$1,300 (-47.3%)
4BR$1,800$2,750−$950 (-34.5%)

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

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