Edgewater, Chicago, Cook County, IL Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Edgewater is $1,322, a 3.82% increase compared to the previous year, when the average rent was $1,273.
One-bedroom apartments provide 794 square feet for $1,369, balancing privacy and affordability.
Two-beedroom units at $1,470 offer 1,320 square feet, perfect for roommates or small families.
Average rent in Edgewater, Chicago, Cook County, IL
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,322 | 774 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,369 | 794 sq. ft. |
| 2 Beds | $1,470 | 1,320 sq. ft. |
| 3 Beds | n/a | n/a |
Edgewater, Chicago, Cook County, IL rent trends
Rental prices in Edgewater, Chicago, Cook County, IL have increased by 3.82% over the past year. The average rent moved from $1,273 to $1,322.
What's the typical rent budget in Edgewater, Chicago, Cook County, IL?
The largest share of rentals in Edgewater, Chicago, Cook County, IL (65%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Edgewater, Chicago, Cook County, IL?
13,365 or 63% of the households in Edgewater, Chicago, Cook County, IL are renter-occupied while 7,984 or 37% are owner-occupied.
Most affordable neighborhoods in Edgewater?
Austin $1,046/month
Jackson Park Highlands $1,105/month
Washington Park $1,227/month
All of these neighborhoods fall below the city wide average of $2,461/month.Most expensive neighborhoods in Edgewater?
River North $3,349/month
Wrightwood $3,530/month
Sheffield $3,749/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Chicago, IL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Sheffield | $3,749 |
| Wrightwood | $3,530 |
| River North | $3,349 |
| Downtown Chicago | $3,329 |
| Greektown | $3,315 |
| Fulton Market | $3,289 |
| Streeterville | $3,258 |
| Old Town Triangle | $3,105 |
| Bucktown | $3,074 |
| Near East Side Chicago | $3,038 |
| River West | $3,028 |
| Near West Side | $3,018 |
| Goose Island | $2,977 |
| Old Town Chicago | $2,975 |
| Wicker Park | $2,964 |
| Chicago Loop | $2,947 |
| Fulton River District | $2,916 |
| East Village | $2,846 |
| Near North Side Chicago | $2,845 |
| Humboldt Park | $2,825 |
| South Loop | $2,792 |
| Tri-Taylor | $2,667 |
| Printer's Row | $2,531 |
| Gold Coast | $2,526 |
| Cabrini - Green | $2,519 |
| Lincoln Park | $2,338 |
| Logan Square | $2,280 |
| West Loop | $2,267 |
| Little Italy | $2,230 |
| Lakeview | $2,165 |
| Ravenswood | $2,081 |
| Palmer Square | $2,042 |
| East Hyde Park | $2,003 |
| Clarendon Park | $1,970 |
| Andersonville | $1,949 |
| Kenwood | $1,886 |
| Stateway Gardens | $1,869 |
| Hyde Park | $1,815 |
| Park West | $1,801 |
| Uptown Chicago | $1,801 |
| Buena Park | $1,737 |
| Oakland | $1,690 |
| Woodlawn | $1,638 |
| Margate Park | $1,614 |
| Bronzeville | $1,608 |
| Bryn Mawr Historic District | $1,569 |
| West Rogers Park | $1,536 |
| North Kenwood | $1,535 |
| Rogers Park | $1,516 |
| East Garfield Park | $1,481 |
| Edgewater Beach | $1,457 |
| Englewood | $1,428 |
| Sheridan Park | $1,369 |
| Jefferson Park | $1,345 |
| Edgewater | $1,322 |
| South Shore | $1,305 |
| Budlong Woods | $1,277 |
| Washington Park | $1,227 |
| Jackson Park Highlands | $1,105 |
| Austin | $1,046 |
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Chicago | Rent Comparison by Neighborhood
Rent in Edgewater is 32% lower than in Andersonville
$1,322
Edgewater rent is the same as Chicago average
Average Rent
$1,322
$1,949
Andersonville rent is 47% higher than Chicago average
Average Rent
$1,949
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Edgewater apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.