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Edgewater Rent Trends

Chicago, IL · September 2026 · median asking rents from leased listings

Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026

Median asking rent
$1,733
Effective rent
$1,730
Vs. Chicago median
-31%
Avg days to lease
15
Active rentals now
185

Median asking rent over time

$1.4k$1.5k$1.7k$1.9kAug ’23Feb ’24Aug ’24Feb ’25Aug ’25Feb ’26Sep ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,495
— YoY · as of September 2026
1 bedroom
$1,813
— YoY · as of September 2026
2 bedroom
$2,595
— YoY · as of September 2026
3+ bedroom
$3,223
— YoY · as of February 2026

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology

Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026

Edgewater renting, answered

What is the average rent in Edgewater?
As of September 2026, the median asking rent in Edgewater is $1,733 per month, based on 178 leased listings. By size, the median is $1,813 for a 1 bedroom and $2,595 for a 2 bedroom.
Is Edgewater more expensive than Chicago overall?
Edgewater's median asking rent is 31% below the Chicago citywide median of $2,505.
How quickly do rentals lease in Edgewater?
Over the last 90 days, rentals in Edgewater leased in an average of 15 days, with 185 active listings on the market right now.

Beyond the numbers

Get to know Edgewater

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