Monthly Rent Report

Austin Rent Report — November 2021

Asking rents in ZIP 60644, Chicago, from 11 listings.

Median 1BR rent in Austin was $895 in November 2021, down 5.8% (−$55) from October 2021. The middle half of 1BR listings asked between $895 and $895. That puts Austin $268 below the Chicago citywide 1BR median of $1,163. The month's figures are based on 11 listings across 5 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2021Vs. Year AgoP25–P75 RangeListings
Studio$650+$25 (+4.0%)$650 – $6501
1BR$895−$55 (-5.8%)$895 – $8953
2BR$1,050+$165 (+18.6%)$920 – $1,0905
3BR$1,425+$225 (+18.8%)$1,425 – $1,4251
4BR$1,500+$475 (+46.3%)$1,500 – $1,5001

Median, P25, and P75 are asking rents from listings posted in November 2021. Changes compare against the nearest prior month with data.

Austin vs. ChicagoNovember 2021

BedroomsAustin MedianChicago Citywide MedianDifference
Studio$650$921−$271 (-29.4%)
1BR$895$1,163−$267 (-23.0%)
2BR$1,050$1,535−$485 (-31.6%)
3BR$1,425$1,868−$442 (-23.7%)
4BR$1,500$2,325−$825 (-35.5%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2021.

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