Monthly Rent Report
Englewood Rent Report — May 2024
Asking rents in ZIP 60621, Chicago, from 345 listings.
Median 1BR rent in Englewood was $850 in May 2024, down 16.0% (−$162) from April 2024 and down 15.0% year-over-year. The middle half of 1BR listings asked between $850 and $850. That puts Englewood $653 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 345 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | +$25 (+2.3%) | — | $1,100 – $1,100 | 1 |
| Studio | $1,100 | +$25 (+2.3%) | — | $1,100 – $1,100 | 1 |
| 1BR | $850 | −$162 (-16.0%) | −$150 (-15.0%) | $850 – $850 | 1 |
| 1BR | $1,050 | +$38 (+3.7%) | +$50 (+5.0%) | $850 – $1,100 | 37 |
| 2BR | $1,453 | +$156 (+12.0%) | +$483 (+49.7%) | $1,404 – $1,501 | 2 |
| 2BR | $1,295 | −$1 (-0.1%) | +$325 (+33.5%) | $1,228 – $1,400 | 139 |
| 3BR | $1,150 | −$250 (-17.9%) | −$300 (-20.7%) | $1,150 – $1,150 | 1 |
| 3BR | $1,550 | +$150 (+10.7%) | +$100 (+6.9%) | $1,450 – $1,600 | 125 |
| 4BR | $1,795 | −$705 (-28.2%) | +$320 (+21.7%) | $1,500 – $2,000 | 21 |
| 4BR | $1,650 | −$850 (-34.0%) | +$175 (+11.9%) | $1,650 – $1,650 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Englewood vs. Chicago — May 2024
| Bedrooms | Englewood Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,196 | −$96 (-8.0%) |
| Studio | $1,100 | $1,196 | −$96 (-8.0%) |
| 1BR | $850 | $1,503 | −$652 (-43.4%) |
| 1BR | $1,050 | $1,503 | −$452 (-30.1%) |
| 2BR | $1,453 | $1,825 | −$372 (-20.4%) |
| 2BR | $1,295 | $1,825 | −$530 (-29.0%) |
| 3BR | $1,150 | $2,236 | −$1,086 (-48.6%) |
| 3BR | $1,550 | $2,236 | −$686 (-30.7%) |
| 4BR | $1,795 | $2,725 | −$930 (-34.1%) |
| 4BR | $1,650 | $2,725 | −$1,075 (-39.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.