Monthly Rent Report
Austin Rent Report — January 2022
Asking rents in ZIP 60644, Chicago, from 17 listings.
Median 1BR rent in Austin was $995 in January 2022, up 10.6% (+$95) from December 2021. The middle half of 1BR listings asked between $870 and $1,028. That puts Austin $290 below the Chicago citywide 1BR median of $1,285. The month's figures are based on 17 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,195 | +$415 (+53.2%) | — | $1,195 – $1,195 | 1 |
| 1BR | $995 | +$95 (+10.6%) | — | $870 – $1,028 | 3 |
| 2BR | $1,355 | +$435 (+47.3%) | — | $1,100 – $1,355 | 7 |
| 3BR | $1,700 | +$450 (+36.0%) | — | $1,700 – $1,700 | 5 |
| 4BR | $1,661 | +$261 (+18.6%) | — | $1,661 – $1,661 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2022. Changes compare against the nearest prior month with data.
Austin vs. Chicago — January 2022
| Bedrooms | Austin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,195 | $1,000 | +$195 (+19.5%) |
| 1BR | $995 | $1,285 | −$290 (-22.6%) |
| 2BR | $1,355 | $1,500 | −$145 (-9.7%) |
| 3BR | $1,700 | $1,975 | −$275 (-13.9%) |
| 4BR | $1,661 | $2,000 | −$339 (-17.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2022.