The Edison
5200 N Sheridan Rd,
Chicago, IL 60640
$1,051 - $2,834
Studio - 3 Beds
Edgewater
Chicago, IL
Edgewater - Chicago, IL
Area Guide
Niche Reviews 
A lakefront neighborhood rich with history and natural beauty.
Historic
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Eclectic
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Walkable
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Beaches
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Lakefront
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Parks
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Outdoor Activities
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Located at the tip of Lincoln Park and at the end of Lake Shore Drive, Edgewater developed during the late 1800s as a resort town for Chicago's prominent citizens. The gorgeous beaches that stretch along Lake Michigan in Edgewater still attract visitors, and its beautiful skyline of towering offices and apartment buildings house those who've discovered the endless charm of this historic neighborhoods. Edgewater is about seven miles north of Downtown Chicago, stretched along the coast and offering gorgeous parks and hiking trails along the lake, in addition to the beaches. The neighborhood is home to the Bryn Mawr Historic District, fantastic restaurants, and a variety of locally-owned shops and businesses. Loyola University Chicago, considered one of the best universities in the world, borders Edgewater on the northeast corner. The Swedish American Museum, established in 1976, is one of the neighborhood's landmarks. Another is Berger Park, a lakefront park featuring a historic mansion and an 8,000-square-foot, ADA-accessible playground. After choosing an Edgewater apartment, be sure to go walking along Clark Street -- this historic district is very pedestrian-friendly and is home to some fantastic shops and restaurants housed in beautiful historic buildings.
Explore the Neighborhood
Rent Trends
As of February 2026, the average apartment rent in Edgewater is $1,139 for a studio, $1,446 for one bedroom, $1,994 for two bedrooms, and $2,650 for three bedrooms. Apartment rent in Edgewater has increased by 3.9% in the past year.
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Studio
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438 sq ft
Average Sq Ft
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$1,139/month
Average Rent
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1 BR
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621 sq ft
Average Sq Ft
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$1,446/month
Average Rent
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2 BR
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934 sq ft
Average Sq Ft
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$1,994/month
Average Rent
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3 BR
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1,086 sq ft
Average Sq Ft
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$2,650/month
Average Rent
Transportation
91
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
70
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
87
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Reviews of Edgewater - Chicago, IL
Niche Reviews
148 Reviews
Current Resident
12 months ago•Niche Review
It is a nice way to be both in the city of Chicago without having to be downtown with all of the hustle and bustle.
Current Resident
1 years and 5 months ago•Niche Review
I'm active in helping in my community. I feel the needs are more or less organized than what it should be.
Current Resident
3 years and 4 months ago•Niche Review
Edgewater is a diverse place, with walkable streets and good diners on the corner. It's got good grab-and-go food places and is home to a great public school.
Current Resident
3 years and 7 months ago•Niche Review
peaceful area where everyone is friendly and watch out for each other everyone works together to keep the neighborhood clean. We have block parties everyone is invited to have a wonderful time the local business such as stores, gas stations and local restaurants help out as well. There is even gardens throughout the community where some of our neighbors go and plant, flowers and other things. Our neighborhood is kid and pet friendly.
Points of Interest
Shopping Centers
Parks and Recreation
- Chase Park
- Winnemac Park
- Warren Park
- Touhy Park
- Rogers Park
Transit / Subway
Military Bases
Airports
- Chicago O'Hare International
- Chicago Midway International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.