Monthly Rent Report
Austin Rent Report — December 2021
Asking rents in ZIP 60644, Chicago, from 15 listings.
Median 1BR rent in Austin was $900 in December 2021, up 0.6% (+$5) from November 2021. The middle half of 1BR listings asked between $900 and $900. That puts Austin $300 below the Chicago citywide 1BR median of $1,200. The month's figures are based on 15 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $780 | +$130 (+20.0%) | — | $698 – $803 | 7 |
| 1BR | $900 | +$5 (+0.6%) | — | $900 – $900 | 1 |
| 2BR | $920 | −$130 (-12.4%) | — | $905 – $1,138 | 3 |
| 3BR | $1,250 | −$175 (-12.3%) | — | $1,250 – $1,250 | 3 |
| 4BR | $1,400 | −$100 (-6.7%) | — | $1,400 – $1,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.
Austin vs. Chicago — December 2021
| Bedrooms | Austin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $780 | $975 | −$195 (-20.0%) |
| 1BR | $900 | $1,200 | −$300 (-25.0%) |
| 2BR | $920 | $1,500 | −$580 (-38.7%) |
| 3BR | $1,250 | $1,800 | −$550 (-30.6%) |
| 4BR | $1,400 | $1,944 | −$543 (-28.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2021.