Monthly Rent Report
Austin Rent Report — September 2021
Asking rents in ZIP 60644, Chicago, from 64 listings.
Median 1BR rent in Austin was $845 in September 2021, down 2.1% (−$18) from August 2021. The middle half of 1BR listings asked between $811 and $905. That puts Austin $362 below the Chicago citywide 1BR median of $1,207. The month's figures are based on 64 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $715 | +$55 (+8.3%) | — | $705 – $730 | 5 |
| Studio | $575 | −$85 (-12.9%) | — | $575 – $575 | 2 |
| 1BR | $845 | −$18 (-2.1%) | — | $811 – $905 | 11 |
| 1BR | $775 | −$88 (-10.2%) | — | $735 – $775 | 5 |
| 2BR | $1,015 | −$97 (-8.8%) | — | $922 – $1,113 | 20 |
| 2BR | $900 | −$212 (-19.1%) | — | $900 – $900 | 2 |
| 3BR | $1,350 | +$43 (+3.3%) | — | $1,350 – $1,350 | 2 |
| 3BR | $1,355 | +$48 (+3.6%) | — | $1,240 – $1,395 | 13 |
| 4BR | $1,195 | −$305 (-20.3%) | — | $1,195 – $1,195 | 1 |
| 4BR | $1,450 | −$50 (-3.3%) | — | $1,323 – $1,602 | 3 |
Median, P25, and P75 are asking rents from listings posted in September 2021. Changes compare against the nearest prior month with data.
Austin vs. Chicago — September 2021
| Bedrooms | Austin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $715 | $998 | −$282 (-28.3%) |
| Studio | $575 | $998 | −$422 (-42.4%) |
| 1BR | $845 | $1,207 | −$362 (-30.0%) |
| 1BR | $775 | $1,207 | −$432 (-35.8%) |
| 2BR | $1,015 | $1,520 | −$505 (-33.2%) |
| 2BR | $900 | $1,520 | −$620 (-40.8%) |
| 3BR | $1,350 | $1,900 | −$550 (-28.9%) |
| 3BR | $1,355 | $1,900 | −$545 (-28.7%) |
| 4BR | $1,195 | $2,075 | −$880 (-42.4%) |
| 4BR | $1,450 | $2,075 | −$625 (-30.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2021.