Monthly Rent Report
Englewood Rent Report — February 2024
Asking rents in ZIP 60621, Chicago, from 349 listings.
Median 1BR rent in Englewood was $1,050 in February 2024, down 4.5% (−$50) from January 2024 and up 5.0% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,100. That puts Englewood $450 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 349 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | — | +$325 (+37.1%) | $1,075 – $1,200 | 3 |
| Studio | $1,200 | — | +$325 (+37.1%) | $1,075 – $1,200 | 3 |
| 1BR | $1,050 | −$50 (-4.5%) | +$50 (+5.0%) | $1,000 – $1,100 | 25 |
| 1BR | $1,000 | −$100 (-9.1%) | $0 (0.0%) | $1,000 – $1,100 | 11 |
| 2BR | $1,000 | −$679 (-40.4%) | −$250 (-20.0%) | $1,000 – $1,000 | 1 |
| 2BR | $1,300 | −$379 (-22.6%) | +$50 (+4.0%) | $1,188 – $1,460 | 152 |
| 3BR | $1,300 | −$200 (-13.3%) | −$300 (-18.8%) | $1,300 – $1,300 | 1 |
| 3BR | $1,497 | −$3 (-0.2%) | −$103 (-6.4%) | $1,400 – $1,595 | 112 |
| 4BR | $1,738 | −$147 (-7.8%) | +$288 (+19.8%) | $1,695 – $1,895 | 36 |
| 4BR | $2,500 | +$615 (+32.6%) | +$1,050 (+72.4%) | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Englewood vs. Chicago — February 2024
| Bedrooms | Englewood Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,211 | −$11 (-0.9%) |
| Studio | $1,200 | $1,211 | −$11 (-0.9%) |
| 1BR | $1,050 | $1,500 | −$450 (-30.0%) |
| 1BR | $1,000 | $1,500 | −$500 (-33.3%) |
| 2BR | $1,000 | $1,813 | −$812 (-44.8%) |
| 2BR | $1,300 | $1,813 | −$512 (-28.3%) |
| 3BR | $1,300 | $2,300 | −$1,000 (-43.5%) |
| 3BR | $1,497 | $2,300 | −$803 (-34.9%) |
| 4BR | $1,738 | $2,792 | −$1,054 (-37.8%) |
| 4BR | $2,500 | $2,792 | −$291 (-10.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.