Monthly Rent Report
Woodlawn Rent Report — January 2023
Asking rents in ZIP 60637, Chicago, from 373 listings.
Median 1BR rent in Woodlawn was $1,675 in January 2023, up 78.2% (+$735) from December 2022 and up 87.2% year-over-year. The middle half of 1BR listings asked between $985 and $1,850. That puts Woodlawn $325 above the Chicago citywide 1BR median of $1,350. The month's figures are based on 373 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $975 | +$210 (+27.5%) | +$215 (+28.3%) | $725 – $1,250 | 34 |
| Studio | $875 | +$110 (+14.4%) | +$115 (+15.1%) | $725 – $1,250 | 10 |
| 1BR | $1,675 | +$735 (+78.2%) | +$780 (+87.2%) | $985 – $1,850 | 65 |
| 1BR | $950 | +$10 (+1.1%) | +$55 (+6.1%) | $950 – $950 | 1 |
| 2BR | $1,350 | $0 (0.0%) | −$850 (-38.6%) | $1,195 – $1,850 | 189 |
| 2BR | $1,600 | +$250 (+18.5%) | −$600 (-27.3%) | $1,600 – $1,600 | 1 |
| 3BR | $1,388 | −$162 (-10.5%) | −$12 (-0.9%) | $1,325 – $1,444 | 4 |
| 3BR | $2,200 | +$650 (+41.9%) | +$800 (+57.1%) | $2,200 – $2,200 | 1 |
| 4BR | $1,450 | −$130 (-8.2%) | +$175 (+13.7%) | $1,450 – $1,450 | 1 |
| 4BR | $1,844 | +$264 (+16.7%) | +$569 (+44.6%) | $1,400 – $3,200 | 57 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — January 2023
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $975 | $1,061 | −$86 (-8.1%) |
| Studio | $875 | $1,061 | −$186 (-17.6%) |
| 1BR | $1,675 | $1,350 | +$325 (+24.1%) |
| 1BR | $950 | $1,350 | −$400 (-29.6%) |
| 2BR | $1,350 | $1,698 | −$347 (-20.5%) |
| 2BR | $1,600 | $1,698 | −$97 (-5.7%) |
| 3BR | $1,388 | $2,123 | −$735 (-34.6%) |
| 3BR | $2,200 | $2,123 | +$78 (+3.7%) |
| 4BR | $1,450 | $2,417 | −$966 (-40.0%) |
| 4BR | $1,844 | $2,417 | −$572 (-23.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.