Monthly Rent Report
Woodlawn Rent Report — August 2022
Asking rents in ZIP 60637, Chicago, from 292 listings.
Median 1BR rent in Woodlawn was $1,200 in August 2022, up 30.4% (+$280) from July 2022 and up 26.3% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts Woodlawn $95 below the Chicago citywide 1BR median of $1,295. The month's figures are based on 292 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,000 | +$205 (+25.8%) | +$115 (+13.0%) | $765 – $1,200 | 53 |
| Studio | $625 | −$170 (-21.4%) | −$260 (-29.4%) | $625 – $625 | 1 |
| 1BR | $1,200 | +$280 (+30.4%) | +$250 (+26.3%) | $1,200 – $1,200 | 1 |
| 1BR | $1,495 | +$575 (+62.5%) | +$545 (+57.4%) | $1,040 – $1,875 | 49 |
| 2BR | $1,875 | +$575 (+44.2%) | +$675 (+56.3%) | $1,420 – $2,500 | 115 |
| 2BR | $2,200 | +$900 (+69.2%) | +$1,000 (+83.3%) | $2,200 – $2,200 | 2 |
| 3BR | $1,550 | −$197 (-11.3%) | +$150 (+10.7%) | $1,550 – $1,550 | 1 |
| 3BR | $1,650 | −$97 (-5.6%) | +$250 (+17.9%) | $1,650 – $1,650 | 1 |
| 4BR | $1,457 | −$288 (-16.5%) | −$118 (-7.5%) | $1,454 – $1,460 | 2 |
| 4BR | $1,995 | +$250 (+14.3%) | +$420 (+26.7%) | $1,500 – $3,695 | 60 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — August 2022
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,000 | $1,095 | −$95 (-8.7%) |
| Studio | $625 | $1,095 | −$470 (-42.9%) |
| 1BR | $1,200 | $1,295 | −$95 (-7.3%) |
| 1BR | $1,495 | $1,295 | +$200 (+15.4%) |
| 2BR | $1,875 | $1,795 | +$80 (+4.5%) |
| 2BR | $2,200 | $1,795 | +$405 (+22.6%) |
| 3BR | $1,550 | $2,250 | −$700 (-31.1%) |
| 3BR | $1,650 | $2,250 | −$600 (-26.7%) |
| 4BR | $1,457 | $2,455 | −$998 (-40.7%) |
| 4BR | $1,995 | $2,455 | −$460 (-18.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2022.