Average rent in Edgewater, Chicago
The median asking rent in Edgewater is $1,887 a month and the average is $1,926, based on 59 apartments available in 7 buildings as of September 21, 2026. By size, the median is $1,631 for a studio, $1,933 for a 1 bedroom, $2,985 for a 2 bedroom.
That is 31% below the Chicago median of $2,754, which covers 5,718 available apartments in 374 buildings.
Edgewater rent by apartment size
| Size | Median | Average | Range | Avg sq ft | Available |
|---|---|---|---|---|---|
| Studio | $1,631 | $1,678 | $1,388–$1,995 | 451 | 19 |
| 1 bedroom | $1,933 | $1,925 | $1,662–$2,307 | 614 | 35 |
| 2 bedroom | $2,985 | $2,869 | $2,389–$3,095 | 939 | 5 |
| All sizes | $1,887 | $1,926 | 59 |
Asking rent is the listed monthly price before any move-in special. Only apartments available right now are counted. See how we measure rent.
How Edgewater compares
| Neighborhood | Median | Studio | 1 bedroom | 2 bedroom |
|---|---|---|---|---|
| Edgewater | $1,887 | $1,631 | $1,933 | $2,985 |
| West Loop | $2,813 | $2,360 | $2,889 | $4,116 |
| River North | $3,070 | $2,577 | $2,994 | $4,413 |
| South Loop | $2,856 | $2,378 | $2,755 | $3,495 |
| Streeterville | $3,206 | $2,654 | $3,079 | $4,502 |
| Gold Coast | $2,584 | $2,089 | $2,624 | $4,418 |
| Fulton Market | $3,271 | $2,476 | $3,177 | $4,407 |
| The Loop | $2,873 | $2,415 | $3,006 | $4,317 |
| Old Town | $3,129 | $2,605 | $3,084 | $4,354 |
| Uptown | $2,195 | $1,750 | $2,385 | $3,593 |
| Lakeshore East | $3,101 | $2,499 | $3,111 | $4,450 |
Frequently asked
What is the average rent in Edgewater?
The median asking rent in Edgewater is $1,887 a month and the average is $1,926, based on 59 apartments available in 7 buildings as of September 21, 2026. By size, the median is $1,631 for a studio, $1,933 for a 1 bedroom, $2,985 for a 2 bedroom.
How much is a studio apartment in Edgewater?
The median asking rent for a studio in Edgewater is $1,631 a month, ranging from $1,388 to $1,995 across 19 available units, with an average size of 451 square feet.
How much is a 1 bedroom apartment in Edgewater?
The median asking rent for a 1 bedroom in Edgewater is $1,933 a month, ranging from $1,662 to $2,307 across 35 available units, with an average size of 614 square feet.
How much is a 2 bedroom apartment in Edgewater?
The median asking rent for a 2 bedroom in Edgewater is $2,985 a month, ranging from $2,389 to $3,095 across 5 available units, with an average size of 939 square feet.
Is Edgewater more expensive than the rest of Chicago?
The median asking rent in Edgewater is $1,887. That is 31% below the Chicago median of $2,754, which covers 5,718 available apartments in 374 buildings.
Where do these numbers come from?
Precise Rent reads each building's own published pricing and availability every morning and afternoon. These figures count only apartments that are available right now, at the listed monthly price before any move-in special.