Monthly Rent Report
Woodlawn Rent Report — February 2023
Asking rents in ZIP 60637, Chicago, from 905 listings.
Median 1BR rent in Woodlawn was $1,198 in February 2023, down 28.5% (−$477) from January 2023 and up 16.3% year-over-year. The middle half of 1BR listings asked between $950 and $1,350. That puts Woodlawn $202 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 905 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,025 | +$50 (+5.1%) | +$265 (+34.9%) | $775 – $1,250 | 26 |
| Studio | $1,050 | +$75 (+7.7%) | +$290 (+38.2%) | $775 – $1,250 | 37 |
| 1BR | $1,198 | −$477 (-28.5%) | +$168 (+16.3%) | $950 – $1,350 | 101 |
| 1BR | $1,302 | −$373 (-22.3%) | +$272 (+26.4%) | $1,121 – $1,482 | 2 |
| 2BR | $1,253 | −$97 (-7.2%) | −$347 (-21.7%) | $1,150 – $1,400 | 287 |
| 2BR | $1,300 | −$50 (-3.7%) | −$300 (-18.8%) | $1,300 – $1,300 | 1 |
| 3BR | $1,600 | +$213 (+15.3%) | +$350 (+28.0%) | $1,600 – $1,600 | 1 |
| 3BR | $1,631 | +$244 (+17.5%) | +$381 (+30.5%) | $1,475 – $2,000 | 303 |
| 4BR | $1,660 | +$210 (+14.5%) | +$10 (+0.6%) | $1,461 – $1,910 | 134 |
| 4BR | $1,600 | +$150 (+10.3%) | −$50 (-3.0%) | $1,600 – $1,600 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — February 2023
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,025 | $1,149 | −$124 (-10.8%) |
| Studio | $1,050 | $1,149 | −$99 (-8.6%) |
| 1BR | $1,198 | $1,400 | −$202 (-14.4%) |
| 1BR | $1,302 | $1,400 | −$98 (-7.0%) |
| 2BR | $1,253 | $1,695 | −$442 (-26.1%) |
| 2BR | $1,300 | $1,695 | −$395 (-23.3%) |
| 3BR | $1,600 | $2,188 | −$587 (-26.9%) |
| 3BR | $1,631 | $2,188 | −$556 (-25.4%) |
| 4BR | $1,660 | $2,393 | −$732 (-30.6%) |
| 4BR | $1,600 | $2,393 | −$792 (-33.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.