Monthly Rent Report
Austin Rent Report — March 2021
Asking rents in ZIP 60644, Chicago, from 99 listings.
Median 1BR rent in Austin was $823 in March 2021. The middle half of 1BR listings asked between $786 and $859. That puts Austin $390 below the Chicago citywide 1BR median of $1,213. The month's figures are based on 99 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. Prior Month | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $705 | — | — | $688 – $749 | 6 |
| Studio | $608 | — | — | $604 – $611 | 2 |
| 1BR | $823 | — | — | $786 – $859 | 2 |
| 1BR | $895 | — | — | $870 – $955 | 20 |
| 2BR | $1,048 | — | — | $983 – $1,250 | 22 |
| 2BR | $1,100 | — | — | $1,100 – $1,100 | 1 |
| 3BR | $1,200 | — | — | $1,100 – $1,250 | 23 |
| 3BR | $1,065 | — | — | $1,065 – $1,065 | 1 |
| 4BR | $1,500 | — | — | $1,450 – $1,750 | 11 |
| 4BR | $1,500 | — | — | $1,450 – $1,750 | 11 |
Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.
Austin vs. Chicago — March 2021
| Bedrooms | Austin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $705 | $1,025 | −$320 (-31.2%) |
| Studio | $608 | $1,025 | −$417 (-40.7%) |
| 1BR | $823 | $1,213 | −$390 (-32.2%) |
| 1BR | $895 | $1,213 | −$317 (-26.2%) |
| 2BR | $1,048 | $1,545 | −$497 (-32.2%) |
| 2BR | $1,100 | $1,545 | −$445 (-28.8%) |
| 3BR | $1,200 | $1,945 | −$745 (-38.3%) |
| 3BR | $1,065 | $1,945 | −$880 (-45.2%) |
| 4BR | $1,500 | $2,300 | −$800 (-34.8%) |
| 4BR | $1,500 | $2,300 | −$800 (-34.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2021.