Edgewater Rent Trends
Chicago, IL · August 2026 · median asking rents from leased listings
Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026
- Median asking rent
- $1,875
- Effective rent
- $1,859
- Vs. Chicago median
- -26%
- Avg days to lease
- 13
- Active rentals now
- 193
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,495
— YoY · as of August 2026
1 bedroom
$1,876
— YoY · as of August 2026
2 bedroom
$2,545
+13.0% YoY · as of August 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 August 2026 · Last updated September 10, 2026 · Next release: early October 2026
Edgewater renting, answered
- What is the average rent in Edgewater?
- As of August 2026, the median asking rent in Edgewater is $1,875 per month, based on 229 leased listings. By size, the median is $1,876 for a 1 bedroom and $2,545 for a 2 bedroom.
- Are rents in Edgewater going up or down?
- Median asking rent in Edgewater is up 11.4% compared with a year ago.
- Is Edgewater more expensive than Chicago overall?
- Edgewater's median asking rent is 26% below the Chicago citywide median of $2,535.
- How quickly do rentals lease in Edgewater?
- Over the last 90 days, rentals in Edgewater leased in an average of 13 days, with 193 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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