Monthly Rent Report
Englewood Rent Report — August 2024
Asking rents in ZIP 60621, Chicago, from 29 listings.
Median 1BR rent in Englewood was $1,225 in August 2024, down 2.0% (−$25) from July 2024 and up 16.7% year-over-year. The middle half of 1BR listings asked between $1,213 and $1,238. That puts Englewood $313 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 29 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,050 | −$25 (-2.3%) | +$200 (+23.5%) | $1,050 – $1,063 | 8 |
| 1BR | $1,225 | −$25 (-2.0%) | +$175 (+16.7%) | $1,213 – $1,238 | 2 |
| 2BR | $1,475 | $0 (0.0%) | +$151 (+11.4%) | $1,475 – $1,475 | 1 |
| 2BR | $975 | −$500 (-33.9%) | −$349 (-26.4%) | $850 – $1,150 | 4 |
| 3BR | $1,300 | −$295 (-18.5%) | −$200 (-13.3%) | $1,300 – $1,300 | 1 |
| 4BR | $2,200 | +$488 (+28.5%) | +$700 (+46.7%) | $1,838 – $2,200 | 10 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Englewood vs. Chicago — August 2024
| Bedrooms | Englewood Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,050 | $1,190 | −$140 (-11.8%) |
| 1BR | $1,225 | $1,538 | −$313 (-20.4%) |
| 2BR | $1,475 | $1,823 | −$347 (-19.1%) |
| 2BR | $975 | $1,823 | −$847 (-46.5%) |
| 3BR | $1,300 | $2,300 | −$1,000 (-43.5%) |
| 4BR | $2,200 | $2,995 | −$795 (-26.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.