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Edgewater Rent Trends

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

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

Median asking rent
$1,744
Effective rent
$1,710
Vs. Chicago median
-29%
Avg days to lease
20
Active rentals now
205

Median asking rent over time

$1.4k$1.6k$1.7k$1.9kAug ’23Mar ’24Oct ’24May ’25Dec ’25Oct ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,475
— YoY · as of October 2026
1 bedroom
$1,858
— YoY · as of October 2026
2 bedroom
$2,450
— YoY · as of October 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 October 2026 · Last updated November 7, 2026 · Next release: early December 2026

Edgewater renting, answered

What is the average rent in Edgewater?
As of October 2026, the median asking rent in Edgewater is $1,744 per month, based on 180 leased listings. By size, the median is $1,858 for a 1 bedroom and $2,450 for a 2 bedroom.
Is Edgewater more expensive than Chicago overall?
Edgewater's median asking rent is 29% below the Chicago citywide median of $2,450.
How quickly do rentals lease in Edgewater?
Over the last 90 days, rentals in Edgewater leased in an average of 20 days, with 205 active listings on the market right now.

Beyond the numbers

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