Monthly Rent Report
Austin Rent Report — July 2021
Asking rents in ZIP 60644, Chicago, from 75 listings.
Median 1BR rent in Austin was $725 in July 2021, down 17.1% (−$150) from June 2021. The middle half of 1BR listings asked between $725 and $725. That puts Austin $470 below the Chicago citywide 1BR median of $1,195. The month's figures are based on 75 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $695 | +$195 (+39.0%) | — | $685 – $705 | 5 |
| Studio | $605 | +$105 (+21.0%) | — | $605 – $605 | 2 |
| 1BR | $725 | −$150 (-17.1%) | — | $725 – $725 | 1 |
| 1BR | $900 | +$25 (+2.9%) | — | $853 – $925 | 18 |
| 2BR | $1,050 | −$150 (-12.5%) | — | $993 – $1,114 | 30 |
| 2BR | $1,200 | $0 (0.0%) | — | $1,200 – $1,200 | 1 |
| 3BR | $1,240 | +$90 (+7.8%) | — | $1,200 – $1,355 | 13 |
| 3BR | $950 | −$200 (-17.4%) | — | $950 – $1,150 | 3 |
| 4BR | $1,400 | $0 (0.0%) | — | $1,400 – $1,400 | 1 |
| 4BR | $1,400 | $0 (0.0%) | — | $1,400 – $1,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Austin vs. Chicago — July 2021
| Bedrooms | Austin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $695 | $1,038 | −$342 (-33.0%) |
| Studio | $605 | $1,038 | −$432 (-41.7%) |
| 1BR | $725 | $1,195 | −$470 (-39.3%) |
| 1BR | $900 | $1,195 | −$295 (-24.7%) |
| 2BR | $1,050 | $1,498 | −$447 (-29.9%) |
| 2BR | $1,200 | $1,498 | −$297 (-19.9%) |
| 3BR | $1,240 | $1,943 | −$702 (-36.2%) |
| 3BR | $950 | $1,943 | −$992 (-51.1%) |
| 4BR | $1,400 | $2,350 | −$950 (-40.4%) |
| 4BR | $1,400 | $2,350 | −$950 (-40.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2021.