Edgewater Rent Trends
Chicago, IL · July 2026 · median asking rents from leased listings
Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026
- Median asking rent
- $2,050
- Effective rent
- $2,050
- Vs. Chicago median
- -18%
- Avg days to lease
- 11
- Active rentals now
- 183
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$1,750
+2.9% YoY · as of June 2026
2 bedroom
$2,500
+4.2% YoY · as of July 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026
Edgewater renting, answered
- What is the average rent in Edgewater?
- As of July 2026, the median asking rent in Edgewater is $2,050 per month, based on 33 leased listings. By size, the median is $1,750 for a 1 bedroom and $2,500 for a 2 bedroom.
- Are rents in Edgewater going up or down?
- Median asking rent in Edgewater is up 14.0% compared with a year ago.
- Is Edgewater more expensive than Chicago overall?
- Edgewater's median asking rent is 18% below the Chicago citywide median of $2,500.
- How quickly do rentals lease in Edgewater?
- Over the last 90 days, rentals in Edgewater leased in an average of 11 days, with 183 active listings on the market right now.
Beyond the numbers
Get to know Edgewater
Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.
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