Average Rent in Edgewater, Chicago, IL

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Current Versus Historical Edgewater, Chicago, IL Rents

Edgewater rentals average $1,500 for a studio rental to $2,745 for a 4-bedroom rental. The median price of all currently available listings is $1,850, or roughly $29 per square feet.

For the apartment units and housing in July 2026, median rents have risen over the last year. Studio rentals prices have increased by $349 (28.20%) year-over-year from $1,238 to $1,587. 1-bedroom rentals prices have increased by $118 (7.22%) year-over-year from $1,636 to $1,754. 2-bedroom rentals prices have increased by $388 (16.77%) year-over-year from $2,312 to $2,700. 3-bedroom rentals prices have decreased by $144 (-4.74%) year-over-year from $3,042 to $2,898. 4-bedroom rentals prices have increased by $5,405 (154.65%) year-over-year from $3,495 to $8,900. 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 up by 8.55% this month. 1-bedroom rents have gone up by 7.30% this month. 2-bedroom rents have gone up by 5.19% this month. 3-bedroom rents have gone up by 1.76% this month. 4-bedroom rents have gone up by 77.53% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$35.93	$1,587	$1,238 (28.20%)	$1,059 (49.81%)
1 BR	$28.29	$1,754	$1,636 (7.22%)	$1,380 (27.10%)
2 BR	$26.00	$2,700	$2,312 (16.77%)	$1,967 (37.29%)
3 BR	$28.31	$2,898	$3,042 (-4.74%)	$2,745 (5.56%)
4+ BR	$27.64	$8,900	$3,495 (154.65%)	$3,178 (180.02%)

Historical Rents in Edgewater, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Edgewater

There are a total of 11 cities nearby Edgewater. The average rent in Edgewater is currently $2,349 per month. Only one city nearby has an average rent lower than that. Our records show that Berwyn, IL, with an average rent of $1,375, is the most affordable city nearby. In contrast, the most expensive city near Edgewater, Chicago, IL is Vernon Hills, IL. Monthly rents here are on average $2,775 per month.

Let's compare Edgewater, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Edgewater, Chicago, IL is 26.67% more expensive than other cities nearby. One bedrooms are about 3.81% more affordable. Two bedrooms in Edgewater, Chicago, IL are about 9.22% more expensive. Finally, rent for three bedrooms are about 3.28% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near Edgewater, Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Berwyn, IL	$1,100	$1,238	$1,750	$1,375
Oak Park, IL	$1,300	$1,700	$2,498	$2,300
Chicago, IL	$1,595	$2,150	$2,425	$2,300
Schaumburg, IL	N/A	$2,034	$2,300	$2,300
Wheaton, IL	N/A	$2,126	$2,349	$2,349
Aurora, IL	$1,275	$1,695	$2,199	$2,400
Evanston, IL	$2,450	$2,250	$2,400	$2,550
Naperville, IL	N/A	$1,799	$2,399	$2,590
Skokie, IL	N/A	$1,650	$2,475	$2,600
Vernon Hills, IL	N/A	$1,913	$2,275	$2,775

Top Neighborhoods Near Edgewater

There are a total of 26 neighborhoods in or near Edgewater. Some of these neighborhoods include Englewood, South Shore, and Rogers Park. We've included all of these top 26 neighborhoods in or near Edgewater, Chicago, IL in the following table.

The average rent for these 26 neighborhoods in or near Edgewater, Chicago, IL is currently around $2,348 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only twenty-one neighborhoods have a higher average rent than $2,348. Interestingly, the neighborhoods' average rent is higher than Edgewater's average rent, which is only $1,850. Out of all the neighborhoods in or near Edgewater, Englewood has the most affordable average rent at $1,400 per month. Whereas, at $3,500 average rent per month, Bucktown is the most expensive neighborhood in or near Edgewater. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Englewood, Chicago, IL	$1,100	$1,250	$1,350	$1,400
South Shore, Chicago, IL	$975	$1,300	$1,450	$1,538
Rogers Park, Chicago, IL	$1,195	$1,400	$1,850	$1,650
Austin, Chicago, IL	$1,063	$1,125	$1,800	$1,800
Lawndale, Chicago, IL	N/A	$1,450	$1,725	$1,800
Albany Park, Chicago, IL	$1,550	$1,463	$2,100	$1,925
Uptown, Chicago, IL	$1,400	$1,785	$2,875	$2,000
Ravenswood, Chicago, IL	$1,480	$1,950	$2,450	$2,023
Pilsen, Chicago, IL	$2,650	$1,650	$1,900	$2,075
West Rogers Park, Chicago, IL	N/A	$1,595	$1,995	$2,095
Jefferson Park, Chicago, IL	$1,375	$1,450	$2,100	$2,100
Woodlawn, Chicago, IL	$1,575	$1,565	$1,798	$2,250
Logan Square, Chicago, IL	$1,595	$2,095	$2,595	$2,295
Humboldt Park, Chicago, IL	$1,500	$1,925	$2,150	$2,400
Far East, Aurora, IL	N/A	$1,829	$2,261	$2,401
Bronzeville, Chicago, IL	$1,175	$1,673	$2,355	$2,445
Lakeview, Chicago, IL	$1,595	$2,150	$3,100	$2,565
Lincoln Park, Chicago, IL	$1,750	$2,500	$3,925	$2,595
University Village - Little Italy, Chicago, IL	$1,169	$2,100	$2,700	$2,750
Near North Side, Chicago, IL	$1,900	$2,550	$4,000	$2,800
South Loop, Chicago, IL	$1,780	$2,350	$3,200	$2,900
The Loop, Chicago, IL	$2,175	$2,500	$3,763	$2,909
West Town, Chicago, IL	$2,350	$2,350	$2,800	$3,200
DePaul, Chicago, IL	$1,915	$2,445	$3,435	$3,300
Near West Side, Chicago, IL	N/A	$2,900	$3,700	$3,400
Bucktown, Chicago, IL	$2,363	$2,550	$3,100	$3,500

Top Counties Near Edgewater

There are a total of 26 counties located by Edgewater, Chicago, IL. Some of these counties include Berwyn, IL, Proviso, IL, and Leyden, IL. The average rent for rentals in these counties is $2,400. That's roughly around $24 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Berwyn, IL. Its average rent per month is $1,375. Vice versa, with an average rent of $3,500, Northfield, IL is the most expensive county by Edgewater, Chicago, IL.

Typically, rent for studios in Edgewater, Chicago, IL is 26.67% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Edgewater, Chicago, IL is 5.51% more expensive than other counties nearby. Finally, rent for two bedrooms in Edgewater, Chicago, IL is 11.21% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Berwyn, IL	$1,100	$1,238	$1,750	$1,375
Proviso, IL	$1,110	$1,400	$1,950	$2,000
Leyden, IL	$1,295	$1,400	$2,513	$2,275
Oak Park, IL	$1,300	$1,700	$2,498	$2,300
Chicago, IL	$1,595	$2,150	$2,425	$2,300
Maine, IL	$1,200	$1,573	$1,850	$2,400
Evanston, IL	$2,450	$2,250	$2,400	$2,550
Niles, IL	N/A	$1,700	$2,500	$2,800
New Trier, IL	$1,595	$1,733	$2,995	$3,450
Northfield, IL	N/A	$2,073	$2,500	$3,500

Top Zipcodes Near Edgewater

There are a total of 35 zipcodes in or near Edgewater, Chicago, IL. The average rent for all of these zipcodes is $2,380. A total of 9 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60402, Berwyn, IL at $1,350 per month. In comparison, the zipcode with the most expensive average rent of $3,300 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,480. That's at least $39 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Edgewater, Chicago, IL is $1,800 per month. Or in other words, $29 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,425 per month. Which comes out to $28 per sqft. The following table includes the top 10 zipcodes in Edgewater, 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	$1,400	$1,675	$2,588	$1,840
60640, Chicago, IL	$1,480	$1,800	$2,525	$1,950
60626, Chicago, IL	$1,195	$1,400	$1,850	$1,595
60645, Chicago, IL	$1,398	$1,595	$1,925	$1,995
60613, Chicago, IL	$1,595	$2,150	$3,095	$2,695
60625, Chicago, IL	$1,450	$1,825	$2,150	$2,045
60202, Evanston, IL	$2,125	$1,925	$2,270	$2,300
60657, Chicago, IL	$1,627	$2,150	$3,125	$2,450
60618, Chicago, IL	$1,435	$1,798	$2,425	$2,380
60614, Chicago, IL	$1,845	$2,500	$3,600	$2,895

Frequently Asked Questions - Edgewater Average Rents

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

The average monthly rental price for Edgewater, Chicago, IL apartments for rent is approximately $1,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Edgewater, 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, Chicago, IL.

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

The average monthly rental price for studio apartments is $1,500 and an average price per square feet of $35.93. There are a total of 25 studio apartment listings currently available for rent in Edgewater.

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

The average monthly rental price for one bedroom apartments is $1,733 and an average price per square feet of $28.29. There are a total of 59 one bedroom apartment listings currently available for rent in Edgewater.

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

The average monthly rental price for two bedroom apartments is $2,588 and an average price per square feet of $26.00. There are a total of 36 two bedroom apartment listings currently available for rent in Edgewater.

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

Rent prices for rentals in Edgewater, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.28%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.17%, three bedroom rental prices have changed by -0.05% year-over-year.

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

A reasonable rent price in Edgewater, Chicago, IL is around $1,480/month. You can search for these reasonably priced rental listings on RentHop.