The Edison
5200 N Sheridan Rd,
Chicago, IL 60640
$1,268 - $2,815
Studio - 3 Beds
Area Guide
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.
As of July 2026, the average apartment rent in Edgewater is $1,161 for a studio, $1,468 for one bedroom, $2,062 for two bedrooms, and $2,674 for three bedrooms. Apartment rent in Edgewater has increased by 3.5% in the past year.
Studio
438 sq ft
Average Sq Ft
$1,161/month
Average Rent
1 BR
615 sq ft
Average Sq Ft
$1,468/month
Average Rent
2 BR
942 sq ft
Average Sq Ft
$2,062/month
Average Rent
3 BR
1,080 sq ft
Average Sq Ft
$2,674/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Edgewater - Chicago, IL is for everyday living.
Exceptionally Walkable
Walkability
Good Public Transit
Transit
Fairly Drivable
Drivability
Moderately Bikeable
Bikeability
In Edgewater - Chicago, IL, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
Exceptional Restaurant Variety Nearby
Restaurants
Exceptional Café Variety Nearby
Cafes
Great Variety of Shops Nearby
Shopping
Edgewater - Chicago, IL provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
Great Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Edgewater - Chicago, IL from everyday activity to noise and nightlife.
Vibrant Atmosphere
Vibrancy
Exceptional Nightlife Variety Nearby
Nightlife
Somewhat Noisy
Quiet Score
Current Resident
1 years and 1 months ago•Niche Review
safe, lots of trees. pretty homes, parks, generally quiet. decent food, good housing market, friendly neighbors, lots of dogs
Current Resident
1 years and 11 months ago•Niche Review
It is a lovely place with many places to relax like the lake. However, there have been many shootings around this area.
Current Resident
2 years and 5 months ago•Niche Review
Good location. Walkable. Beach close by. Average safety. Needs more inexpensive shopping options for college students.
Current Resident
3 years and 11 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.
† 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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.