Monthly Rent Report
Austin Rent Report — April 2022
Asking rents in ZIP 60644, Chicago, from 10 listings.
Median 1BR rent in Austin was $1,350 in April 2022, up 50.0% (+$450) from March 2022 and up 45.9% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts Austin $116 above the Chicago citywide 1BR median of $1,234. The month's figures are based on 10 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2022 | Vs. April 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $880 | +$280 (+46.7%) | +$190 (+27.5%) | $878 – $883 | 2 |
| 1BR | $1,350 | +$450 (+50.0%) | +$425 (+45.9%) | $1,350 – $1,350 | 1 |
| 1BR | $895 | −$5 (-0.6%) | −$30 (-3.2%) | $895 – $895 | 1 |
| 2BR | $1,185 | −$115 (-8.8%) | +$333 (+39.0%) | $1,128 – $1,243 | 2 |
| 2BR | $1,045 | −$255 (-19.6%) | +$193 (+22.6%) | $1,045 – $1,045 | 1 |
| 3BR | $1,350 | −$150 (-10.0%) | +$50 (+3.8%) | $1,350 – $1,350 | 1 |
| 4BR | $1,675 | +$25 (+1.5%) | +$175 (+11.7%) | $1,675 – $1,675 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2022. Changes compare against the nearest prior month with data.
Austin vs. Chicago — April 2022
| Bedrooms | Austin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $880 | $1,085 | −$205 (-18.9%) |
| 1BR | $1,350 | $1,234 | +$116 (+9.4%) |
| 1BR | $895 | $1,234 | −$339 (-27.5%) |
| 2BR | $1,185 | $1,495 | −$310 (-20.7%) |
| 2BR | $1,045 | $1,495 | −$450 (-30.1%) |
| 3BR | $1,350 | $2,098 | −$747 (-35.6%) |
| 4BR | $1,675 | $2,595 | −$920 (-35.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2022.