Monthly Rent Report
Englewood Rent Report — January 2024
Asking rents in ZIP 60621, Chicago, from 134 listings.
Median 1BR rent in Englewood was $1,100 in January 2024, down 4.3% (−$50) from December 2023 and up 41.0% year-over-year. The middle half of 1BR listings asked between $989 and $1,100. That puts Englewood $417 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 134 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,100 | −$50 (-4.3%) | +$320 (+41.0%) | $989 – $1,100 | 9 |
| 1BR | $1,100 | −$50 (-4.3%) | +$320 (+41.0%) | $989 – $1,100 | 7 |
| 2BR | $1,679 | +$399 (+31.2%) | +$529 (+46.0%) | $1,679 – $1,679 | 2 |
| 2BR | $1,250 | −$30 (-2.3%) | +$100 (+8.7%) | $1,200 – $1,339 | 52 |
| 3BR | $1,500 | −$50 (-3.2%) | +$200 (+15.4%) | $1,350 – $1,561 | 40 |
| 3BR | $1,650 | +$100 (+6.5%) | +$350 (+26.9%) | $1,650 – $1,650 | 1 |
| 4BR | $1,885 | +$235 (+14.2%) | +$535 (+39.6%) | $1,885 – $1,885 | 3 |
| 4BR | $1,850 | +$200 (+12.1%) | +$500 (+37.0%) | $1,650 – $1,885 | 17 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Englewood vs. Chicago — January 2024
| Bedrooms | Englewood Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,100 | $1,517 | −$417 (-27.5%) |
| 1BR | $1,100 | $1,517 | −$417 (-27.5%) |
| 2BR | $1,679 | $1,800 | −$121 (-6.7%) |
| 2BR | $1,250 | $1,800 | −$550 (-30.6%) |
| 3BR | $1,500 | $2,300 | −$800 (-34.8%) |
| 3BR | $1,650 | $2,300 | −$650 (-28.3%) |
| 4BR | $1,885 | $2,792 | −$906 (-32.5%) |
| 4BR | $1,850 | $2,792 | −$941 (-33.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.