Monthly Rent Report
Austin Rent Report — April 2021
Asking rents in ZIP 60644, Chicago, from 93 listings.
Median 1BR rent in Austin was $925 in April 2021, up 12.5% (+$103) from March 2021. The middle half of 1BR listings asked between $865 and $938. That puts Austin $325 below the Chicago citywide 1BR median of $1,250. The month's figures are based on 93 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $690 | +$83 (+13.6%) | — | $654 – $703 | 6 |
| Studio | $690 | +$83 (+13.6%) | — | $690 – $690 | 1 |
| 1BR | $925 | +$103 (+12.5%) | — | $865 – $938 | 28 |
| 1BR | $1,200 | +$378 (+45.9%) | — | $1,050 – $1,350 | 2 |
| 2BR | $965 | −$135 (-12.3%) | — | $905 – $1,025 | 25 |
| 2BR | $853 | −$247 (-22.5%) | — | $820 – $945 | 4 |
| 3BR | $1,300 | +$235 (+22.1%) | — | $1,300 – $1,300 | 1 |
| 3BR | $1,250 | +$185 (+17.4%) | — | $1,130 – $1,500 | 21 |
| 4BR | $1,500 | $0 (0.0%) | — | $1,500 – $1,500 | 2 |
| 4BR | $1,500 | $0 (0.0%) | — | $1,349 – $1,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in April 2021. Changes compare against the nearest prior month with data.
Austin vs. Chicago — April 2021
| Bedrooms | Austin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $690 | $1,041 | −$351 (-33.7%) |
| Studio | $690 | $1,041 | −$351 (-33.7%) |
| 1BR | $925 | $1,250 | −$325 (-26.0%) |
| 1BR | $1,200 | $1,250 | −$50 (-4.0%) |
| 2BR | $965 | $1,510 | −$545 (-36.1%) |
| 2BR | $853 | $1,510 | −$657 (-43.5%) |
| 3BR | $1,300 | $1,935 | −$635 (-32.8%) |
| 3BR | $1,250 | $1,935 | −$685 (-35.4%) |
| 4BR | $1,500 | $2,100 | −$600 (-28.6%) |
| 4BR | $1,500 | $2,100 | −$600 (-28.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2021.