Monthly Rent Report
Englewood Rent Report — March 2024
Asking rents in ZIP 60621, Chicago, from 205 listings.
Median 1BR rent in Englewood was $883 in March 2024, down 11.8% (−$117) from February 2024 and down 19.8% year-over-year. The middle half of 1BR listings asked between $750 and $988. That puts Englewood $622 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 205 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $750 | −$450 (-37.5%) | — | $450 – $1,063 | 4 |
| Studio | $1,050 | −$150 (-12.5%) | — | $1,050 – $1,100 | 5 |
| 1BR | $883 | −$117 (-11.8%) | −$217 (-19.8%) | $750 – $988 | 14 |
| 1BR | $1,000 | $0 (0.0%) | −$100 (-9.1%) | $750 – $1,050 | 9 |
| 2BR | $900 | −$100 (-10.0%) | −$15 (-1.6%) | $900 – $900 | 1 |
| 2BR | $1,295 | +$295 (+29.5%) | +$380 (+41.5%) | $1,200 – $1,355 | 89 |
| 3BR | $1,200 | −$297 (-19.8%) | −$100 (-7.7%) | $1,200 – $1,200 | 2 |
| 3BR | $1,500 | +$3 (+0.2%) | +$200 (+15.4%) | $1,484 – $1,595 | 72 |
| 4BR | $1,400 | −$337 (-19.4%) | −$772 (-35.5%) | $1,400 – $1,400 | 1 |
| 4BR | $1,275 | −$462 (-26.6%) | −$897 (-41.3%) | $1,275 – $1,275 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Englewood vs. Chicago — March 2024
| Bedrooms | Englewood Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $750 | $1,225 | −$475 (-38.8%) |
| Studio | $1,050 | $1,225 | −$175 (-14.3%) |
| 1BR | $883 | $1,505 | −$622 (-41.3%) |
| 1BR | $1,000 | $1,505 | −$504 (-33.5%) |
| 2BR | $900 | $1,900 | −$1,000 (-52.6%) |
| 2BR | $1,295 | $1,900 | −$605 (-31.8%) |
| 3BR | $1,200 | $2,250 | −$1,050 (-46.7%) |
| 3BR | $1,500 | $2,250 | −$750 (-33.3%) |
| 4BR | $1,400 | $2,650 | −$1,250 (-47.2%) |
| 4BR | $1,275 | $2,650 | −$1,375 (-51.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.