Monthly Rent Report
Woodlawn Rent Report — July 2022
Asking rents in ZIP 60637, Chicago, from 195 listings.
Median 1BR rent in Woodlawn was $2,623 in July 2022, up 238.5% (+$1,848) from June 2022 and up 173.2% year-over-year. The middle half of 1BR listings asked between $2,623 and $2,623. That puts Woodlawn $1,398 above the Chicago citywide 1BR median of $1,225. The month's figures are based on 195 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $765 | −$835 (-52.2%) | −$115 (-13.1%) | $719 – $863 | 12 |
| Studio | $795 | −$805 (-50.3%) | −$85 (-9.7%) | $725 – $945 | 60 |
| 1BR | $2,623 | +$1,848 (+238.5%) | +$1,663 (+173.2%) | $2,623 – $2,623 | 1 |
| 1BR | $920 | +$145 (+18.7%) | −$40 (-4.2%) | $920 – $920 | 1 |
| 2BR | $1,300 | +$50 (+4.0%) | −$2 (-0.2%) | $1,250 – $1,450 | 79 |
| 2BR | $1,150 | −$100 (-8.0%) | −$152 (-11.7%) | $1,150 – $1,150 | 1 |
| 3BR | $2,349 | +$1,009 (+75.3%) | +$1,121 (+91.3%) | $2,349 – $2,349 | 1 |
| 3BR | $1,748 | +$408 (+30.4%) | +$520 (+42.3%) | $1,724 – $1,771 | 2 |
| 4BR | $1,350 | −$125 (-8.5%) | −$312 (-18.8%) | $1,350 – $1,350 | 1 |
| 4BR | $1,745 | +$270 (+18.3%) | +$83 (+5.0%) | $1,700 – $2,413 | 32 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — July 2022
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $765 | $1,104 | −$339 (-30.7%) |
| Studio | $795 | $1,104 | −$309 (-28.0%) |
| 1BR | $2,623 | $1,225 | +$1,398 (+114.1%) |
| 1BR | $920 | $1,225 | −$305 (-24.9%) |
| 2BR | $1,300 | $1,695 | −$395 (-23.3%) |
| 2BR | $1,150 | $1,695 | −$545 (-32.2%) |
| 3BR | $2,349 | $2,200 | +$149 (+6.8%) |
| 3BR | $1,748 | $2,200 | −$452 (-20.6%) |
| 4BR | $1,350 | $2,500 | −$1,150 (-46.0%) |
| 4BR | $1,745 | $2,500 | −$755 (-30.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2022.