Monthly Rent Report
Austin Rent Report — February 2022
Asking rents in ZIP 60644, Chicago, from 9 listings.
Median 1BR rent in Austin was $1,005 in February 2022, up 1.0% (+$10) from January 2022. The middle half of 1BR listings asked between $1,005 and $1,005. That puts Austin $245 below the Chicago citywide 1BR median of $1,250. The month's figures are based on 9 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $635 | −$560 (-46.9%) | — | $635 – $635 | 1 |
| 1BR | $1,005 | +$10 (+1.0%) | — | $1,005 – $1,005 | 1 |
| 2BR | $1,300 | −$55 (-4.1%) | — | $1,300 – $1,300 | 2 |
| 3BR | $1,506 | −$194 (-11.4%) | — | $1,350 – $1,661 | 4 |
| 3BR | $1,661 | −$39 (-2.3%) | — | $1,661 – $1,661 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2022. Changes compare against the nearest prior month with data.
Austin vs. Chicago — February 2022
| Bedrooms | Austin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $635 | $1,028 | −$393 (-38.2%) |
| 1BR | $1,005 | $1,250 | −$245 (-19.6%) |
| 2BR | $1,300 | $1,600 | −$300 (-18.8%) |
| 3BR | $1,506 | $1,795 | −$289 (-16.1%) |
| 3BR | $1,661 | $1,795 | −$134 (-7.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2022.