Monthly Rent Report

Austin Rent Report — January 2025

Asking rents in ZIP 60644, Chicago, from 393 listings.

Median 1BR rent in Austin was $1,100 in January 2025, up 14.6% (+$140) from December 2024 and up 15.8% year-over-year. The middle half of 1BR listings asked between $1,053 and $3,130. That puts Austin $396 below the Chicago citywide 1BR median of $1,496. The month's figures are based on 393 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. December 2024Vs. January 2024P25–P75 RangeListings
Studio$925+$163 (+21.3%)+$25 (+2.8%)$925 – $9251
Studio$975+$213 (+27.9%)+$75 (+8.3%)$875 – $2,75364
1BR$1,100+$140 (+14.6%)+$150 (+15.8%)$1,053 – $3,13071
1BR$1,100+$140 (+14.6%)+$150 (+15.8%)$1,100 – $1,1002
2BR$1,320+$220 (+20.0%)+$70 (+5.6%)$1,120 – $1,540107
2BR$1,523+$423 (+38.4%)+$273 (+21.8%)$1,354 – $1,6912
3BR$1,450−$250 (-14.7%)+$50 (+3.6%)$1,295 – $1,800113
3BR$1,750+$50 (+2.9%)+$350 (+25.0%)$1,750 – $1,7501
4BR$2,100−$400 (-16.0%)−$212 (-9.2%)$1,913 – $2,65019
4BR$2,000−$500 (-20.0%)−$312 (-13.5%)$2,000 – $2,0001

Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.

Austin vs. ChicagoJanuary 2025

BedroomsAustin MedianChicago Citywide MedianDifference
Studio$925$1,250−$325 (-26.0%)
Studio$975$1,250−$275 (-22.0%)
1BR$1,100$1,496−$396 (-26.5%)
1BR$1,100$1,496−$396 (-26.5%)
2BR$1,320$1,800−$480 (-26.7%)
2BR$1,523$1,800−$277 (-15.4%)
3BR$1,450$2,400−$950 (-39.6%)
3BR$1,750$2,400−$650 (-27.1%)
4BR$2,100$2,838−$737 (-26.0%)
4BR$2,000$2,838−$837 (-29.5%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2025.

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