Monthly Rent Report
Englewood Rent Report — December 2023
Asking rents in ZIP 60621, Chicago, from 90 listings.
Median 1BR rent in Englewood was $1,150 in December 2023, up 4.5% (+$50) from November 2023 and up 45.6% year-over-year. The middle half of 1BR listings asked between $1,150 and $1,150. That puts Englewood $305 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 90 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,150 | +$50 (+4.5%) | +$360 (+45.6%) | $1,150 – $1,150 | 1 |
| 1BR | $1,100 | $0 (0.0%) | +$310 (+39.2%) | $950 – $1,100 | 17 |
| 2BR | $1,280 | −$95 (-6.9%) | +$30 (+2.4%) | $1,100 – $1,475 | 21 |
| 2BR | $1,280 | −$95 (-6.9%) | +$30 (+2.4%) | $1,100 – $1,280 | 5 |
| 3BR | $1,450 | −$100 (-6.5%) | +$100 (+7.4%) | $1,400 – $1,550 | 26 |
| 3BR | $1,550 | $0 (0.0%) | +$200 (+14.8%) | $1,450 – $1,650 | 6 |
| 4BR | $1,905 | +$105 (+5.8%) | +$380 (+24.9%) | $1,905 – $1,905 | 1 |
| 4BR | $1,650 | −$150 (-8.3%) | +$125 (+8.2%) | $1,500 – $1,650 | 9 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Englewood vs. Chicago — December 2023
| Bedrooms | Englewood Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,150 | $1,455 | −$305 (-21.0%) |
| 1BR | $1,100 | $1,455 | −$355 (-24.4%) |
| 2BR | $1,280 | $1,800 | −$520 (-28.9%) |
| 2BR | $1,280 | $1,800 | −$520 (-28.9%) |
| 3BR | $1,450 | $2,472 | −$1,022 (-41.3%) |
| 3BR | $1,550 | $2,472 | −$922 (-37.3%) |
| 4BR | $1,905 | $2,630 | −$725 (-27.6%) |
| 4BR | $1,650 | $2,630 | −$980 (-37.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.