Average Rent in Edgewater Beach, Chicago, IL

Current Versus Historical Edgewater Beach, Chicago, IL Rents

Edgewater Beach rentals average $1,137 for a studio rental to $3,245 for a 4-bedroom rental. The median price of all currently available listings is $1,495, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $75 (7.20%) year-over-year from $1,047 to $1,122. 1-bedroom rentals prices have increased by $118 (8.56%) year-over-year from $1,382 to $1,500. 2-bedroom rentals prices have increased by $120 (5.91%) year-over-year from $2,030 to $2,150. 3-bedroom rentals prices have decreased by $558 (-18.26%) year-over-year from $3,058 to $2,500. 4-bedroom rentals prices have increased by $435 (11.88%) year-over-year from $3,660 to $4,095. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 1.06% this month. 1-bedroom rents have gone up by 2.27% this month. 2-bedroom rents have gone down by 3.62% this month. 3-bedroom rents have gone down by 13.69% this month. 4-bedroom rents have gone up by 16.06% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.87	$1,122	$1,047 (7.20%)	$1,074 (4.50%)
1 BR	$2.41	$1,500	$1,382 (8.56%)	$1,395 (7.53%)
2 BR	$2.23	$2,150	$2,030 (5.91%)	$1,715 (25.36%)
4+ BR	$2.02	$4,095	$3,660 (11.88%)	$2,495 (64.13%)

Historical Rents in Edgewater Beach, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Edgewater Beach

There are a total of 6 cities nearby Edgewater Beach. The average rent in Edgewater Beach is currently $2,225 per month. Our records show that Evanston, IL, with an average rent of $1,975, is the most affordable city nearby. In contrast, the most expensive city near Edgewater Beach, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,800 per month.

Let's compare Edgewater Beach, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 11.53% more affordable. Two bedrooms in Edgewater Beach, Chicago, IL are about 6.01% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 6 cities near Edgewater Beach, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,668	$2,150	$1,975
Chicago, IL	$1,350	$1,790	$2,300	$2,038
Schaumburg, IL	N/A	$1,995	$2,350	$2,100
Wheaton, IL	N/A	$1,965	$2,350	$2,350
Aurora, IL	N/A	$1,300	$2,000	$2,398
Naperville, IL	N/A	$1,650	$2,200	$2,800

Top Neighborhoods Near Edgewater Beach

There are a total of 14 neighborhoods in or near Edgewater Beach. Some of these neighborhoods include Edgewater, Rogers Park, and Uptown. We've included all of these top 14 neighborhoods in or near Edgewater Beach, Chicago, IL in the following chart.

The average rent for these 14 neighborhoods in or near Edgewater Beach, Chicago, IL is currently around $1,873 per month. Meaning, only fourteen neighborhoods have a higher average rent than $1,873. Interestingly, the neighborhoods' average rent is higher than Edgewater Beach's average rent, which is only $1,495. Out of all the neighborhoods in or near Edgewater Beach, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,800 average rent per month, South Loop is the most expensive neighborhood in or near Edgewater Beach. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Edgewater, Chicago, IL	$1,120	$1,550	$2,200	$1,550
Rogers Park, Chicago, IL	$1,125	$1,375	$1,850	$1,600
Uptown, Chicago, IL	$1,100	$1,600	$2,535	$1,625
Ravenswood, Chicago, IL	$1,210	$1,595	$2,650	$1,648
West Rogers Park, Chicago, IL	$1,200	$1,350	$1,825	$1,700
Albany Park, Chicago, IL	$1,048	$1,420	$1,925	$1,813
Lincoln Park, Chicago, IL	$1,390	$1,863	$2,795	$1,850
Logan Square, Chicago, IL	$1,250	$1,795	$2,000	$1,895
Humboldt Park, Chicago, IL	$2,100	$1,775	$1,813	$1,975
Lakeview, Chicago, IL	$1,345	$1,895	$2,590	$2,095
Hyde Park, Chicago, IL	$1,250	$1,695	$1,887	$2,299
DePaul, Chicago, IL	$1,665	$2,270	$2,400	$2,395
Near North Side, Chicago, IL	$1,850	$2,400	$3,530	$2,583
South Loop, Chicago, IL	$1,600	$2,248	$3,000	$2,800

Top Counties Near Edgewater Beach

There are a total of 14 counties located by Edgewater Beach, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,142. That's roughly around $2 per sqft. The county that is the most affordable is Evanston, IL. It's average rent per month is $1,975. Vice versa, with an average rent of $2,675, Naperville, IL is the most expensive county by Edgewater Beach, Chicago, IL.

In comparison, rent for one bedroom listings in Edgewater Beach, Chicago, IL is 16.71% more affordable than other counties nearby. Finally, rent for two bedrooms in Edgewater Beach, Chicago, IL is 6.01% more affordable than other counties nearby. We've listed the top 6 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,668	$2,150	$1,975
Chicago, IL	$1,350	$1,790	$2,300	$2,038
Schaumburg, IL	N/A	$1,995	$2,382	$2,095
Downers Grove, IL	N/A	$1,828	$2,200	$2,188
Milton, IL	N/A	$1,965	$2,320	$2,350
Naperville, IL	N/A	$1,663	$2,200	$2,675

Top Zipcodes Near Edgewater Beach

There are a total of 20 zipcodes in or near Edgewater Beach, Chicago, IL. The average rent for all of these zipcodes is $2,035.

The following chart includes the top 10 zipcodes in Edgewater Beach, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60660, Chicago, IL	$1,120	$1,525	$1,973	$1,550
60640, Chicago, IL	$1,105	$1,595	$2,475	$1,550
60626, Chicago, IL	$1,150	$1,400	$1,850	$1,600
60613, Chicago, IL	$1,298	$1,700	$2,550	$1,940
60645, Chicago, IL	$1,200	$1,350	$1,900	$1,800
60625, Chicago, IL	$1,100	$1,495	$2,100	$1,650
60657, Chicago, IL	$1,345	$1,900	$2,625	$2,077
60618, Chicago, IL	$1,300	$1,488	$1,910	$2,000
60614, Chicago, IL	$1,658	$2,390	$2,873	$2,395
60647, Chicago, IL	$1,250	$1,823	$2,148	$2,000

Frequently Asked Questions - Edgewater Beach Average Rents

What is the average rent price in Edgewater Beach, Chicago, IL?

The average monthly rental price for Edgewater Beach, Chicago, IL apartments for rent is approximately $1,495. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Edgewater Beach, Chicago, IL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Edgewater Beach, Chicago, IL.

How much is a studio apartment in Edgewater Beach, Chicago, IL?

The average monthly rental price for studio apartments is $1,137 and an average price per square feet of $2.87. There are a total of 37 studio apartment listings currently available for rent in Edgewater Beach.

How much is a one bedroom apartment in Edgewater Beach, Chicago, IL?

The average monthly rental price for one bedroom apartments is $1,550 and an average price per square feet of $2.41. There are a total of 50 one bedroom apartment listings currently available for rent in Edgewater Beach.

How much is a two bedroom apartment in Edgewater Beach, Chicago, IL?

The average monthly rental price for two bedroom apartments is $2,123 and an average price per square feet of $2.23. There are a total of 18 two bedroom apartment listings currently available for rent in Edgewater Beach.

How have rent prices in Edgewater Beach, Chicago, IL changed this year?

Rent prices for rentals in Edgewater Beach, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.07%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by -0.18% year-over-year.

What is a reasonable rent price in Edgewater Beach, Chicago, IL?

A reasonable rent price in Edgewater Beach, Chicago, IL is around $1,196/month. You can search for these reasonably priced rental listings on RentHop.