Monthly Rent Report
Austin Rent Report — October 2021
Asking rents in ZIP 60644, Chicago, from 14 listings.
Median 1BR rent in Austin was $950 in October 2021, up 12.4% (+$105) from September 2021. The middle half of 1BR listings asked between $950 and $950. That puts Austin $245 below the Chicago citywide 1BR median of $1,195. The month's figures are based on 14 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $625 | −$90 (-12.6%) | — | $625 – $625 | 2 |
| 1BR | $950 | +$105 (+12.4%) | — | $950 – $950 | 1 |
| 1BR | $950 | +$105 (+12.4%) | — | $950 – $950 | 1 |
| 2BR | $1,600 | +$700 (+77.8%) | — | $1,298 – $1,600 | 3 |
| 2BR | $885 | −$15 (-1.7%) | — | $885 – $885 | 1 |
| 3BR | $1,500 | +$150 (+11.1%) | — | $1,450 – $1,500 | 3 |
| 3BR | $1,200 | −$150 (-11.1%) | — | $1,200 – $1,200 | 2 |
| 4BR | $1,025 | −$170 (-14.2%) | — | $1,025 – $1,025 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2021. Changes compare against the nearest prior month with data.
Austin vs. Chicago — October 2021
| Bedrooms | Austin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $625 | $950 | −$325 (-34.2%) |
| 1BR | $950 | $1,195 | −$245 (-20.5%) |
| 1BR | $950 | $1,195 | −$245 (-20.5%) |
| 2BR | $1,600 | $1,371 | +$229 (+16.7%) |
| 2BR | $885 | $1,371 | −$486 (-35.5%) |
| 3BR | $1,500 | $1,795 | −$295 (-16.4%) |
| 3BR | $1,200 | $1,795 | −$595 (-33.1%) |
| 4BR | $1,025 | $2,200 | −$1,175 (-53.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2021.