Edgewater, Chicago, Cook County, IL Rental Market Trends
Last updated: May 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Edgewater is $1,326, a 3.72% increase compared to the previous year, when the average rent was $1,279.
Average rent in Edgewater, Chicago, Cook County, IL
Last updated: May 22, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,326 | 757 sq. ft. |
Edgewater, Chicago, Cook County, IL rent trends
Rental prices in Edgewater, Chicago, Cook County, IL have increased by 3.72% over the past year. The average rent moved from $1,279 to $1,326.
What's the typical rent budget in Edgewater, Chicago, Cook County, IL?
The largest share of rentals in Edgewater, Chicago, Cook County, IL (67%) 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?
3,085 or 63% of the households in Edgewater, Chicago, Cook County, IL are renter-occupied while 1,805 or 37% are owner-occupied.
Most affordable neighborhoods in Edgewater?
Austin $1,108/month
Washington Park $1,211/month
Douglas Park $1,291/month
All of these neighborhoods fall below the city wide average of $2,494/month.Most expensive neighborhoods in Edgewater?
River North $3,420/month
Wrightwood $3,782/month
Sheffield $3,905/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Chicago, IL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Sheffield | $3,905 |
| Wrightwood | $3,782 |
| River North | $3,420 |
| Greektown | $3,419 |
| Fulton Market | $3,357 |
| Streeterville | $3,300 |
| West Town | $3,189 |
| Near East Side Chicago | $3,170 |
| Old Town Chicago | $3,149 |
| Goose Island | $3,132 |
| Bucktown | $3,093 |
| Downtown Chicago | $3,084 |
| Old Town Triangle | $3,080 |
| Near West Side | $3,020 |
| Chicago Loop | $3,013 |
| River West | $3,002 |
| Fulton River District | $2,973 |
| Near North Side Chicago | $2,958 |
| Wicker Park | $2,957 |
| Humboldt Park | $2,791 |
| East Village | $2,762 |
| South Loop | $2,735 |
| Gold Coast | $2,653 |
| Tri-Taylor | $2,639 |
| Cabrini - Green | $2,503 |
| Printer's Row | $2,462 |
| West Loop | $2,457 |
| Lincoln Park | $2,408 |
| Little Italy | $2,232 |
| Logan Square | $2,224 |
| Lakeview | $2,200 |
| Ravenswood | $2,111 |
| East Hyde Park | $2,038 |
| Palmer Square | $2,022 |
| Andersonville | $1,991 |
| Oakland | $1,959 |
| Clarendon Park | $1,957 |
| Kenwood | $1,929 |
| Park West | $1,904 |
| Stateway Gardens | $1,884 |
| Hyde Park | $1,801 |
| Uptown Chicago | $1,765 |
| Buena Park | $1,735 |
| Margate Park | $1,598 |
| Bronzeville | $1,592 |
| Bryn Mawr Historic District | $1,572 |
| North Kenwood | $1,513 |
| Rogers Park | $1,509 |
| West Rogers Park | $1,496 |
| Woodlawn | $1,472 |
| East Garfield Park | $1,435 |
| Edgewater Beach | $1,433 |
| South Shore | $1,352 |
| Jefferson Park | $1,345 |
| Sheridan Park | $1,335 |
| Edgewater | $1,326 |
| Englewood | $1,305 |
| Douglas Park | $1,291 |
| Washington Park | $1,211 |
| Austin | $1,108 |
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Chicago | Rent Comparison by Neighborhood
Rent in Edgewater is 33% lower than in Andersonville
$1,326
Edgewater rent is the same as Chicago average
Average Rent
$1,326
$1,991
Andersonville rent is 50% higher than Chicago average
Average Rent
$1,991
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.