Monthly Rent Report
Austin Rent Report — June 2021
Asking rents in ZIP 60644, Chicago, from 72 listings.
Median 1BR rent in Austin was $875 in June 2021, down 1.7% (−$15) from May 2021. The middle half of 1BR listings asked between $849 and $900. That puts Austin $365 below the Chicago citywide 1BR median of $1,240. The month's figures are based on 72 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $695 | −$2 (-0.4%) | — | $667 – $753 | 7 |
| Studio | $500 | −$197 (-28.3%) | — | $500 – $500 | 1 |
| 1BR | $875 | −$15 (-1.7%) | — | $849 – $900 | 24 |
| 1BR | $725 | −$165 (-18.5%) | — | $725 – $838 | 3 |
| 2BR | $1,200 | +$75 (+6.7%) | — | $1,200 – $1,200 | 1 |
| 2BR | $1,010 | −$115 (-10.2%) | — | $968 – $1,103 | 23 |
| 3BR | $1,150 | −$75 (-6.1%) | — | $1,100 – $1,240 | 10 |
| 3BR | $950 | −$275 (-22.4%) | — | $950 – $950 | 1 |
| 4BR | $1,400 | −$100 (-6.7%) | — | $1,400 – $1,400 | 1 |
| 4BR | $1,500 | $0 (0.0%) | — | $1,500 – $1,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2021. Changes compare against the nearest prior month with data.
Austin vs. Chicago — June 2021
| Bedrooms | Austin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $695 | $1,085 | −$390 (-35.9%) |
| Studio | $500 | $1,085 | −$585 (-53.9%) |
| 1BR | $875 | $1,240 | −$365 (-29.4%) |
| 1BR | $725 | $1,240 | −$515 (-41.5%) |
| 2BR | $1,200 | $1,579 | −$379 (-24.0%) |
| 2BR | $1,010 | $1,579 | −$569 (-36.0%) |
| 3BR | $1,150 | $1,813 | −$662 (-36.6%) |
| 3BR | $950 | $1,813 | −$862 (-47.6%) |
| 4BR | $1,400 | $2,293 | −$892 (-38.9%) |
| 4BR | $1,500 | $2,293 | −$792 (-34.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2021.